The Making, Usage, and Knowledge of Tools, Techniques, Crafts, Systems

question 27

Multiple Choice

The making, usage, and knowledge of tools, techniques, crafts, systems, or methods of organization to solve a problem or serve some purpose is:

• A) Intangibility
• B) Technology is only accepted by the salesperson if they like it
• C) CRM
• D) Space variance

---

Definitions:

Cartel Output

The total production level agreed upon by members of a cartel, aimed at maximizing their collective profits by controlling supply.

Demand Schedule

A table or graph displaying the quantity of a good or service that consumers are willing and able to purchase at various price points within a given time frame.

Collude

To agree secretly among competitors to fix prices, bids, or terms of sale in order to manipulate a market.

Gasoline Sellers

Businesses or entities that offer gasoline for sale to consumers, ranging from multinational corporations to local gas stations.