A. upward
B. downward
C. leftward
D. rightward
Related Mcqs:
- In business markets, the demand of business goods is more volatile than demand for consumer goods, is classified as_________?
A. fluctuating demand
B. stable demand
C. unstable demand
D. freeze demand - If the demand of the product changes considerably with the small change in price then the demand is said to be __________?
A. interactive
B. augmented
C. elastic
D. inelastic - In graph of market demand, the products resulting demand is written on __________?
A. market equilibrium point
B. Company’s equilibrium point
C. horizontal axis
D. vertical axis - If the demand for the product does not change with the small change in price then the demand is said to be ________?
A. interactive
B. augmented
C. elastic
D. inelastic - The __________ is practiced most aggressively with unsought goods, goods that buyers normally do not think of buying, such as insurance, encyclopedias, and funeral plots.
A. Marketing concept
B. Selling concept
C. Production concept
D. Product concept - The emergency, goods and impulse goods are the types of __________?
A. convenience goods
B. shopping goods
C. unsought goods
D. specialty goods - To create fit between demand and supply, the non-peak demand, complementary services, differential pricing and reservations systems are the strategies of ___________?
A. demand side
B. supply side
C. complementary side
D. descriptive side - The functions of marketing channels such as payment for bought goods and ordering of goods to create flow of activity in ________?
A. forward direction
B. backward direction
C. leftward direction
D. rightward direction - The shopping goods that are similar in quality and have different prices to justify the comparisons of shopping goods are classified as ____________?
A. homogeneous shopping goods
B. heterogeneous shopping goods
C. impulse shopping goods
D. emergency shopping goods - The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as __________?
A. second-degree price discrimination
B. first-degree price discrimination
C. third-degree discrimination
D. fourth-degree discrimination
