At many amusement parks there are television screens displayed in locations where customers must wait long periods in line. This practice illustrates The retailer understands the importance of brand equity. The absence of inventories available in a service environment. The retailer understands that the customer is involved in producing the service. The structure and nature of distribution channels. All of these answers are correct.

The retailer understands the importance of brand equity.

Explanation:

The concept of brand equity refers to a premium that a company develops in order to set itself apart from its generic equivalent. This means that a company would strive to provide extras that are not common within the industry. These extras can include great marketing, superior quality or extra services. In this case, the amusement park is providing an important extra service, which is the presence of television screens in locations where customers must wait long periods in line.

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explanation:

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