When Margot Called the Toll-Free Number to Order One Dozen

question 51

Multiple Choice

When Margot called the toll-free number to order one dozen water lilies from the Van Ness Water Gardens, she was using:

• A)outbound videoconferencing.
• B)inbound telemarketing.
• C)outbound telemarketing.
• D)interactive marketing.

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Definitions:

Marginal Costs

The cost incurred by producing one additional unit of a product or service.

Market Price

The amount at which a good or service is currently sold in the market, determined by supply and demand.

Produce

To create, manufacture, or grow goods and services for consumption or sale.

Firm

A business or company engaged in commercial, professional, or industrial activities.