Question - any raw material or agricultural product that is bought and sold is called
Answer - Commodity
Why - " A raw material or primary agricultural product that can be bought and sold, such as copper or coffee. Consumer. A person who purchases goods and services for personal use."
Answer:
a deposition
Explanation:
Deposition refers to the procedure when via an oral testimony an attorney posing questions about the case and the deponent responding while the testimony is recorded by a court reporter or tape recorder. Deposition testimony is normally taken under oath in presence of lawyers of both sides to gather as much information about the lawsuit as possible and the deponent also sign affidavits certifying the authenticity of the corresponding printed report.
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Answer:
C) low; high markups
Explanation:
Producers use captive product pricing to set the price of the main product low and set high markups on the supplies necessary to use the product."
Low price for main products aims at captivating more consumers (captive product pricing). The producer make profits by increasing the monetary value (high markup) of supplies necessary to use the product. For example, a company may be producing toothbrushes and toothpaste, the company may make the price of the brushes very cheap to captivate consumers and increase the markup (price) of the paste needed to make use of the brushes to make up for any loss incurred from the low price of the brushes.
