The Automatic Number Identification System Allows Companies to ________

question 31

Multiple Choice

The automatic number identification system allows companies to ________

• A) access highly confidential information about customers.
• B) conduct automated phone surveys of customers.
• C) identify customers by their country or area code.
• D) bypass and disregard customer complaints and phone calls.

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Definitions:

Law Of Demand

The economic principle stating that as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.

Income Increases

A situation wherein individuals or entities experience a rise in their earnings or profits over a certain period.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good.

Law Of Demand

A fundamental principle stating that, all else being equal, as the price of a product decreases, the quantity demanded increases, and vice versa.