One traditional depiction of marketing activities is in terms of the marketing mix or four Ps. The four Ps are characterized as being ________.

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  1.  Product, positioning, place, and price

  2.  Product, production, price, and place

  3.  Promotion, place, positioning, and price

  4.  Place, promotion, production, and positioning

  5.  Product, price, promotion, and place

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