Web-Based Demonstrations Can Be an Effective Way to Present When

question 52

Multiple Choice

Web-based demonstrations can be an effective way to present when it is:

• A)imperative that a customer see a full product demonstration
• B)important to meet face-to-face
• C)important to impress the buyer with technology
• D)necessary to provide factual data and research
• E)impossible or expensive to present in person

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping to the right indicating inverse relationship between price and quantity demanded.

Normal Good

A good for which demand increases as the income of the consumer increases, and vice versa.

Income Increase

Refers to a rise in the amount of money earned by an individual or entity, which can affect purchasing power and economic status.

Demand Curve

A graphical representation showing the relationship between the price of an item and the quantity demanded at those prices.