A Sales Manager for an Advertising Agency Believes There Is

question 119

Multiple Choice

A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected: What is the dependent variable?

• A)Salesperson
• B)Number of contacts
• C)Amount of sales
• D)All the above

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged on a product, intended to protect consumers from high prices.

Consumers

Consumers are individuals or organizations that acquire goods and services for private purposes.

Price Control

Regulatory measures by which a government intervenes in the market to adjust prices, typically to protect consumers or producers.

Price Ceiling

A maximum price set by the government for certain goods to ensure they remain affordable to the general public.