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On Which of the Following Concepts Do Economists Focus Their

question 139

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On which of the following concepts do economists focus their study when explaining how humans behave?


Definitions:

Need-Satisfaction

A marketing approach focused on identifying and fulfilling the specific needs and desires of customers.

Problem Identification

The process of recognizing and defining an issue or challenge to be solved.

Consultative Selling

A sales approach focusing on building relationships and understanding customer needs to offer tailored solutions.

Adaptive Selling

A sales technique that involves customizing the sales approach based on the unique needs, behaviors, and reactions of each customer.

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