Table 34-4 Table 34-4 Presents the Demand and Supply Schedules for Schedules

question 92

Multiple Choice

Table 34-4
Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If the United States and Japan decide to trade with each other, what will happen to the output of television sets in Japan?

• A) TV production in Japan will fall by 10,000 units.
• B) TV production in Japan will fall by 20,000 units.
• C) TV production in Japan will fall by 30,000 units.
• D) TV production in Japan will increase by 10,000 units.

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Definitions:

Problem-solution

A method of structuring sales presentations or marketing communications by identifying a problem and proposing a solution that addresses it.

Follow-up Activities

Actions taken after an initial meeting or sale, aiming to maintain customer engagement and satisfaction, often leading to further sales opportunities.

Need-satisfaction

A sales approach focusing on identifying and meeting the specific needs of customers, ensuring they are satisfied with the products or services offered.

Industrial Products

Goods produced and used within industries, including machinery, materials, and equipment, intended for manufacturing or service provision.