Direct selling that bypasses wholesale intermediaries is a cost-effective means of serving large-volume retailers

Self-improvement services such as those offered by wardrobe consultants and personal nutritionists are examples of ________

A) service-dominated goods B) goods-dominated products C) equipment-based services D) facility-based services E) people-based services

Which of the following of a firm is measured by the difference between the value of a product to an average consumer and the average unit cost of producing that product?

A. Customer surplus B. Value creation C. Cost curve D. Value efficiency E. Customer reservation