If New Regulations Make It Illegal to Sell Older Model

question 133

Multiple Choice

If new regulations make it illegal to sell older model electrical appliances, then

• A) producers of new models that meet the regulations will see demand for their output rise.
• B) consumers who might have purchased to older appliances are clearly made better off.
• C) consumers are helped, but the profits of appliance producers are not affected.
• D) consumers will certainly gain from the change.

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Definitions:

Sales Force Compensation

The method or structure used to remunerate sales representatives for their sales output or performance.

Sales Manager

An individual responsible for directing an organization's sales team, overseeing sales operations, and achieving sales targets.

Generating Leads

The process of identifying potential customers for a business's products or services.

Car Salesperson

An individual who specializes in selling cars, often employed by dealerships to facilitate transactions between the dealership and the buyer.