Spreading fixed costs over a large volume results in a cost-savings phenomenon referred to as:

A. volume synergies.

B. economies of scale.

C. captured savings.

D. size effects.

E. location economies.

B

Business

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Advertising researchers want to understand the latest trends in fashion. The best consumer-oriented research method to use would be a(n):

A) product-specific research approach B) psychological approach C) sociological approach D) anthropological approach

Business

Which group of independent intermediaries can be divided into the two broad types of full-service and limited-service?

A) brokers B) agents C) sales branches D) specialty wholesalers E) merchant wholesalers

Business