The American Marketing Association suggests a list o... - Solved MCQs & Answer

3088EconomicsMedium

The American Marketing Association suggests a list of code of ethics All of the following are ethics suggested in the area of distribution EXCEPT?

Anot exerting undue influence over the reseller’s choice to handle a product

Busing gray marketers whenever possible to save the consumer money

Cnot using coercion in the marketing channel

Dnot manipulating the availability of a product for purpose of explotation

Correct answer

B. using gray marketers whenever possible to save the consumer money

Explanation

The correct answer is using gray marketers whenever possible to save the consumer money.

The formula for the marginal revenue product of labour (L is for labour, X is the product) is?

Which of the following statement about rural and agricultural development is true?

When excess demand occurs in an unregulated market, there is a tendency for?

The Department of Health and Human Services has summarized the “correct” mix of goods and services through?

All of the following would tend to increase a worker’s wage except?

If a buyer’s willingness to pay for a new Honda is Rs20,000 and she is able to actually buy it for Rs18,000 her consumer surplus is?