2,3,5,6 i believe is the answer
A word naming particular person, place or thing is a Noun
Answer:
The correct answer is: overstate
Explanation:
The substitution bias in economic index numbers appears when the possibility of a consumer to change the consumption of a good - that has become more expensive relative to others - for a cheaper one, is ignored. Thus, looking at the CPI (Consumer Price Index), as an indicator of how much the consumer cost of living has raised over time, without eliminating the substitution bias, can over-estimate this inflation effect.
<u>Personal selling</u> refers to the face-to-face presentation and promotion of goods and services.
<u>Explanation</u>:
Promotion of the product or service lays success to the organization or firm. It is mandatory for a company to promote the product that is manufactured by them. The product can be promoted using different promotional tools. This enhances the participation of the consumers in the exchange.
The promotional tool induces the interest of the dealer and consumer in purchasing the product. Television and direct mail are considered as the top advertising media that can be used for successful promotion.
