Use the Following to Answer Question

question 74

Multiple Choice

Use the following to answer question:
-(Table: Demand Schedule of Gadgets) Use Table: Demand Schedule of Gadgets.The market for gadgets consists of two producers,Margaret and Ray.Each firm can produce gadgets at a marginal cost of $2 and no fixed cost.Suppose that these two producers have formed a cartel,agreed to split production of output evenly,and are maximizing total industry profits.If Margaret decides to cheat on the agreement and sell 100 more gadgets,Margaret's quantity effect will be a(n) _____ in profit of _____.

• A)decrease;$100
• B)increase;$100
• C)increase;$300
• D)decrease;$300

Learn strategies for dealing with both positive and negative responses to sales questions and how to progress the sales dialogue.

Identify and distinguish between different types of questions in sales, such as direct, nondirective, rephrasing, and redirect questions.

Understand the significance of first impressions in sales and approach techniques.

Describe and apply the creative imagery technique in sales.

---

Definitions:

Polypharmacy

The administration of many drugs at the same time.

Elder Abuse

Mistreatment or harm of older adults, including physical abuse, psychological abuse, sexual abuse, neglect, and financial exploitation.

Neglect

The failure to provide adequate care, attention, or support, often resulting in harm or risk of harm.

Alcohol Use

The consumption of beverages that contain ethyl alcohol, which can affect cognitive and physical functions.