FBLA Marketing | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+

FBLA Marketing | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ People who are self sufficient - Answer -Do not rely on others When people did not have products on hand to exchange they could obtain products - Answer -With money The accounting and finance function includes - Answer -Developing budgets In the early part of the 20th century, the primary way to sell more products was - Answer -To be able to deliver them to a larger number of customers Marketing assists in international trade by - Answer -Determining where products can be sold Unlimited wants and needs, combined with limited resources, resulting in - Answer -Scarcity In which type of economic system does the government attempt to own and control important resources and make the decisions about the about what will be produced and consumed... - Answer -Controlled economyAll of the consumers who will purchase a particular product or service comprise a(n)... - Answer -Economic market The demand curve for a business in a purely competitive market... - Answer -Appears straight The demand curve for a business in a monopoly... - Answer -Appears straight Changes in the tangible parts of a product or service affect a product's... - Answer -Form utility The earliest use of marketing was - Answer -To move products from the producer to the consumer