Which of the Following Statements About the Economic Criteria Used

question 20

Multiple Choice

Which of the following statements about the economic criteria used to decide between using an independent agent or an internal sales force is true?

• A) The fixed costs of using independent agents are lower than those of using a company sales force
• B) The variable costs of using independent agents do not change over time
• C) The variable costs of using independent agents are equal to the variable costs expended on an internal sales force
• D) In terms of cost efficiency, an internal sales force is always more expensive than independent agents
• E) The costs of using independent agents tend to level off as sales volumes increase

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Definitions:

Female Suffrage

The right of women to vote in elections; a significant issue in the women's rights movement.

Humanizing Impact

The effect of making something more humane or considerate towards human welfare and dignity.

Lochner V. New York

A landmark U.S. Supreme Court case in 1905 that struck down a New York law setting limits on working hours, marking a significant moment in the relationship between labor laws and governmental regulation.

Fourteenth Amendment

An amendment to the U.S. Constitution, adopted in 1868, granting citizenship to all persons born or naturalized in the United States and guaranteeing all citizens equal protection of the laws.