"Don't Fondle the Tool" Means

question 9

Multiple Choice

"Don't fondle the tool" means: 

• A) the tool is of paramount importance, and must be cared for.
• B) i t is the technology that is important, not the tool.
• C) one can overuse a tool so that it defeats the marketing plan rather than helping it.
• D) o ne must stay focused on what must be accomplished.
• E) n one of these.

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Definitions:

Output

The total amount of goods or services produced by a company, industry, or economic system.

Price

The amount of money required to purchase a good or service, set by the interplay of supply and demand forces in the market.

Total Cost

The full expense incurred in the production or acquisition of goods or services, including both fixed and variable costs.

Marginal Cost

The supplementary charge triggered by the manufacture of one extra unit of a product or service.