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Participants are shown a series of complex shapes (that are not easily named) and asked to draw them from memory after they have been taken away. Which of the following statements about this exercise is true?
Marginal Cost
The growth in complete costs incurred by manufacturing an additional unit of a product or service.
Customer Satisfaction
The measure of how products or services meet or exceed customer expectations.
Product Quality
The characteristics of a product or service that bear on its ability to satisfy stated or implied customer needs.
Repeat Customers
Individuals who make purchases or avail services from the same business or seller on multiple occasions, indicating loyalty or satisfaction.
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