Which of the Following Statements About Opportunities in Selling Is

question 62

Multiple Choice

Which of the following statements about opportunities in selling is FALSE?

• A)No other type of business work offers more growth in the number of jobs than sales.
• B)Corporate executives clearly recognize the importance of selling experience in any marketing career.
• C)Many people find sales so satisfying that they elect to do it as their life's work.
• D)Entry level international job opportunities abound in the selling field.
• E)Professional sales is second only to grade school teaching in new-job growth.

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Definitions:

Long-run Equilibrium

A state in which all inputs can be adjusted by firms, market supply meets demand, and no economic profit is earned by firms in a perfectly competitive market.

Long-run Equilibrium

A state in an economy or market where all factors of production and economic variables are balanced, and there are no external pressures forcing change.

MR = MC

The condition under which profit is maximized, where marginal revenue equals marginal cost.

P > MC

Indicates a situation where the price of a good is greater than the marginal cost of producing it, suggesting a potential for profit.