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Topic: Business
Number of pages / Number of words: 4 / 925
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personal selling

9. ____ are offers of cash to customers who purchase a specific product, and ____ are offers of cash to customers who purchase a specific quantity of a specific product.

____a. Rebates; refunds

____b. Cents-off; refunds

____c. Rebates; premiums

____d. Rebates; money refunds

10...


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If a product has in inelastic demand, and the manufacturer raises its price:

____a. total revenue will increase

____b. quantity demanded will decrease

____c. the demand will become more inelastic

____d. total revenue will decrease

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