If the Price of Tea Falls and as a Consequence

question 73

Multiple Choice

If the price of tea falls and as a consequence the demand for sugar rises, then tea and sugar are

• A)luxury goods.
• B)independent goods.
• C)complementary goods.
• D)neutral goods.
• E)substitute goods.

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Sales-oriented

A business approach that focuses primarily on making sales or transactions, often prioritizing volume over customer relationship or product quality.

Inventory Level

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Customer Relationship Management

A strategy for managing an organization's interactions with current and future customers, using data analysis to improve business relationships, particularly customer retention and sales growth.