Which of the Following Is an Advantage of a Well-

question 135

Multiple Choice

Which of the following is an advantage of a well- designed and targeted telemarketing plan?

• A)emotional connections with customers
• B)exemption from the National Do Not Call Registry
• C)high recruitment and referral rate
• D)limitless merchandise available to customers
• E)purchasing convenience for customers

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Definitions:

Economic Profits

Total revenues minus total costs, where total costs include both explicit and implicit costs.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and products that are similar enough to be interchangeable.

Long Run

A period of time in economics during which all inputs and conditions can be varied, allowing for full adjustment to changes.

Perfectly Competitive Market

A theoretical market structure characterized by an infinite number of buyers and sellers, where no single entity has the power to influence the market price.