Mary Is Thinking of Pursuing a Career in Sales

question 43

Multiple Choice

Mary is thinking of pursuing a career in sales.Which of the following is a characteristic of sales that Mary should consider?

• A)a job that is unchanging and requires a minimal number of skills be mastered
• B)the rewards offered by a career in sales
• C)the restriction of being dependent on others
• D)the restricted opportunities for advancement
• E)creating problems for her customers

Comprehend the difference between equality and efficiency in economic terms.

Recognize the basic principles of decision making in economics.

Identify the role of opportunity cost in economic decisions.

Understand how market failure can affect economic efficiency.

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Definitions:

Suburbanization

The process of population movement from within cities to the outskirts, creating residential and sometimes business developments.

Recessions

Periods where an economy experiences negative growth for two consecutive quarters, marked by decreased spending and increased unemployment.

Prefabricated Homes

Houses that are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.

William Levitt

An American real estate developer known for popularizing the modern American suburb through the mass production of affordable housing.