1, Ihis the willingness of a consumer to buy commodity at a given price. This refers to the quantity of goods that a seller is willing to offer for sale. 3. An interaction between the buyers and sellers of trading or exchange.
1, Ihis the willingness of a consumer to buy commodity at a given price. This refers to the quantity of goods that a seller is willing to offer for sale. 3. An interaction between the buyers and sellers of trading or exchange.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Please! Answer

Transcribed Image Text:TION
MOn
R0 THEMTHA930
d analyze the sentence. Fill in the missing word to make the statement correct. Write the answer on the space provided befo
1.his the willingness of a consumer to buy commodity at a given price.
2. This refers to the quantity of goods that a seller is willing to offer for sale.
3. An interaction between the buyers and sellers of trading or exchange.
The major actor in the market and his primary objective is to purchase a commodity because it can give benefit him/her
benefits.
5. It is a schedule showing the willingness and capacity to buy a commodity at alternative prices at a given point in time
lother things held constant.
16. Economic term which means "when other things held constant or equal."
7. What relationship between the price of goods and quantity demanded does a demand curve shows?
8. What is the relationship between the price of a good and quantity supplied of the good in the Law of Supply?
9. What is the situation? If the price is above the equilibrium level, then the quantity supplied will exceed the quantity
demanded.
10. It is felt when a change in the price of a good changes consumers' real income or purchasing power, which is the
capacity to buy with a given income.
11. It is a collective effort of individuals to produce goods and services for their target customers.
_12. They are the primary recipients of goods and services produced and offered by all types of businesses.
13. It is characterized by similar companies that offer the same products and services to win their target customers.
he
bae.noloonia
ert esy
_14. It refers to the availability of goods or services offered in the market.
15. It is a stable monetary unit in the Philippines.
16. It relates to the consumer desire to purchase products or avail of the services offered at a given price.
17 1t is considered the "gas and oil" of every business.
18. It is a state where market supply balances with market demands due to a stable market price.
19. It is the science of dealing with scarce resources to satisfy societal needs, choices, and wants.
_20. The English translation of the Latin word "libra."
e end rbiw alss
boig to
texisMoosM
0l2 ol soinmonooa lo anolisiene
LSE

Transcribed Image Text:ATION
d analyze the sentence. Fill in the missing word to make the statement correct. Write the answer on the space provided be
1o noleivi
1lhis the willingness of a consumer to buy commodity at a given price.
This refers to the quantity of goods that a seller is willing to offer for sale.
3. An interaction between the buyers and sellers of trading or exchange.
V4. The major actor in the market and his primary objective is to purchase a commodity because it can give benefit him/her
5. It is a schedule showing the willingness and capacity to buy a commodity at alternative prices at a given point in time
iner things held constant.
other
6. Économic term which means "when other things held constant or equal."
7. What relationship between the price of goods and quantity demanded does a demand curve shows?
_8. What is the relationship between the price of a good and quantity supplied of the good in the Law of Supply?
9. What is the situation? If the price is above the equilibrium level, then the quantity supplied will exceed the quantity
demanded.
10. It is felt when a change in the price of a good changes consumers' real income or purchasing power, which is the
capacity to buy with a given income.
11. It is a collective effort of individuals to produce goods and services for their target customers.
12. They are the primary recipients of goods and services produced and offered by all types of businesses.
13. It is characterized by similar companies that offer the same products and services to win their target customers.
14. It refers to the availability of goods or services offered in the market.
15. It is a stable monetary unit in the Philippines.Vssd omonoos en
16. It relates to the consumer desire to purchase products or avail of the services offered at a given price.
natitis considered the "gas and oil" of every business.
V18. It is a state where market supply balances with market demands due to a stable market price.
19. It is the science of dealing with scarce resources to satisfy societal needs, choices, and wants.
20. The English translation of the Latin word "libra."
ubunq to
osMA
w.S
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you

Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,

Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education

Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning

Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,

Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education

Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning

Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON


Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning