When the producer sells directly to the consumer, the channel length is very _________

Fill in the blank(s) with the appropriate word(s).

Answer: short

Business

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If sales personnel loosely describe their product or service in glowing terms, the law treats these comments as statements of fact and warranties.

a. true b. false

Business

Elastic demand results when movement in price:

A. results in significant changes in supply B. does not result in significant changes in supply C. results in significant changes in demand D. does not result in significant changes in demand E. results in equal movement in demand

Business