The Prospect That Does Not Question Price,service,warranty,and Delivery Concerns Is

question 17

True/False

The prospect that does not question price,service,warranty,and delivery concerns is probably interested in buying a product or service.

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Definitions:

Efficient Level

Describes a state where resources are allocated in the most effective manner, maximizing output and outcomes.

Marginal Social Benefit

The incremental advantage to the community from the consumption or production of an additional unit of a product or service.

Pollution

is the introduction of contaminants into the natural environment that cause adverse changes, affecting air, water, and land quality detrimentally.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit.