Use the Following to Answer Question

question 163

Multiple Choice

Use the following to answer question:
-(Figure: The Optimal Quantity) Use Figure: The Optimal Quantity.If the cost of lawn mowing decreased for all quantities of lawns mowed,the marginal _____ curve in the figure would shift to the _____ and the total profit would _____.

• A)benefit;right;increase
• B)cost;right;increase
• C)benefit;left;decrease
• D)cost;left;decrease

Comprehend the structure and methodology behind the need-satisfaction sales presentation.

Analyze the effectiveness and limitations of the memorized sales presentation.

Understand the core principles of professional selling, including the salesperson's approach and honesty.

Distinguish the differences between various sales presentation methods.

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Definitions:

Accord And Satisfaction

A negotiated agreement and payment between parties in a dispute, where payment is accepted as full resolution.

Forfeiting Right

The act of giving up or losing a right as a consequence of failing to comply with specific conditions or regulations.

Consideration

In contract law, it refers to something of value promised, given, or received that induces a party to enter into a contract.

Promissory Estoppel

A legal principle preventing a party from withdrawing a promise if the other party has relied on that promise to their detriment.