Match the following tools of marketing mix with their description
| List-I (Tools of Marketing Mix) | List-II (Description) |
| a. Product | 1. Stands for various activities the company undertakes to communicate its products' merits. |
| b. Price | 2. Stands for various activities, the company undertakes to make the product easily available and accessible. |
| c. Place | 3. The amount of money the customers have to pay for the product. |
| d. Promotion | 4. Stands for firms's tangible offer to the market including the product quality, design, variety and features. |
A. a-1, b-2, c-3, d-4
B. a-4, b-3, c-2, d-1
C. a-2, b-4, c-1, d-3
D. a-3, b-1, c-4, d-2
Answer: Option B
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A. personal
B. non-personal
C. direct
D. indirect
If the price of the following product were increased, its demand would remain inelastic.
A. Computer
B. Petrol
C. Apparal
D. Gold
Creation of advertisement by an advertising agency involves activities like
A. copy writing
B. drawing photographs
C. making illustrations
D. all of the above

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