Although it is costly, advertising often leads to lower prices for consumers. Explain why
What will be an ideal response?
Advertising is a mass-marketing tool. The more people know about a product and like it, the higher its sales and the greater its production level. The greater the production level, the lower the price per item.
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When a prospect has voiced an objection, it is most likely best for the salesperson to:
A) suggest postponing the negotiations B) divert attention to a product feature C) illustrate the product's high quality D) deny the accuracy of the objection E) clarify the true nature of the problem
Consider the following constraints from a two-variable linear program: X ? 1; Y ? 1; X + Y ? 9
If these are the only constraints, which of the following points (X, Y) CANNOT be the optimal solution? A) (1, 1) B) (1, 8) C) (8, 1) D) (4, 4) E) The question cannot be answered without knowing the objective function.