Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

11. the kinds of things you cant physically touch, yet have monetary va…

Question

  1. the kinds of things you cant physically touch, yet have monetary value and meet the needs and wants of consumer are called. a. services b. supply c. goods 12. product, place,______ and price are the four ps of the marketing mix a. promotion b. participation c. population

Explanation:

Brief Explanations
  1. For question 11: Services are intangible (cannot be physically touched), have monetary value, and satisfy consumer needs/wants. Supply refers to the amount of a good/service available, and goods are tangible physical items.
  2. For question 12: The four P's of the marketing mix are Product, Place, Promotion, and Price. Participation and population are not part of this core framework.

Answer:

  1. A. services
  2. A. promotion