Examlex

Solved

What Is the Salesperson Doing When He/she Translates the Ideas

question 112

Multiple Choice

What is the salesperson doing when he/she translates the ideas and concepts contained in his/her mind into words?


Definitions:

Households

Entities consisting of one person or a group of people who share living accommodations and make joint or separate decisions in consumption and investment.

Normal Good

A Normal Good is a type of good for which demand increases when the income of the consumer increases and falls when the income decreases, assuming the price remains constant.

Factor Market

A marketplace for the services of a factor of production, such as labor, capital, and land.

Inputs

The resources (such as labor, materials, and capital) used in the production process to create goods or services.

Related Questions