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A Person Who Works as a Sales Representative for a Manufacturer

question 65

Multiple Choice

A person who works as a sales representative for a manufacturer or wholesaler and gets paid a commission on any sales is known as which of the following?


Definitions:

Labor

The effort by humans to produce goods or services in exchange for wages or other forms of compensation.

Total-Product Schedule

A table showing the output or total product resulting from various quantities of inputs or resources, used in production theory.

Marginal Revenue Product

The increase in revenue resulting from the utilization of one extra unit of a factor of production.

Resource

An economic or productive factor required to accomplish an activity or as means to undertake an enterprise and achieve desired outcome.

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