Distribution Flashcards
1
Q
What is the definition of distribution in the context of economics?
A
Distribution refers to the way in which income, wealth, or resources are allocated among individuals or groups in an economy.
2
Q
True or False: Distribution only concerns the allocation of physical goods.
A
False
3
Q
Fill in the blank: The __________ of goods and services involves determining how they are delivered to consumers.
A
distribution
4
Q
Which of the following is NOT a method of distribution? A) Direct sales B) Wholesaling C) Manufacturing D) Retailing
A
C) Manufacturing
5
Q
What is a key factor that can influence distribution strategies?
A
Market demand