Which of the Following Is Not One of the Dimensions

question 38

Multiple Choice

Which of the following is not one of the dimensions typically used when evaluating sales proposals?

• A) Reliability
• B) Assurance
• C) Resistance
• D) Empathy
• E) Tangibles

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Definitions:

Factor Of Production

An economic term describing the inputs used in the production of goods or services to earn an income, namely labor, capital, land, and entrepreneurship.

Marginal Productivity Theory

A theory stating that the demand for a factor of production is derived from the marginal product that the factor adds to the output.

Equilibrium Value

The price and quantity at which supply and demand in a market are balanced.

Marginal Product

The increase in output that results from employing one more unit of a particular input, holding all other inputs constant.