________ refers to the availability and number of locations, called outlets, which make the
product or service available for sale.
A) All commodity volume B) Distribution intensity
C) Market share D) Economies of scale
B
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Seller Gibbons and broker Leah have entered into a listing contract to sell Gibbons house. Gibbons has told the broker that the roof is only one year old. The roof is actually five years old. Broker Leah has been representing the roof to be one year old. It's broker Leah liable to the buyer for the misrepresentation and why or why not?
a. Yes, because the broker is responsible for verifying all material information provided by the seller. b. No, because the broker is protected by the hold harmless clause in the listing. c. No, because the broker is protected by the safety clause and listing. d. Yes, because as agent for the seller, the broker is an extension of the seller and is responsible for all representations of the property.
Since a descriptive model checks the performance of the system for only a subset of all possible alternatives, there is no guarantee that a selected alternative will be optimal
Indicate whether the statement is true or false