Robin Is Interested in Cassidy, So She Calls Up Their

question 40

Multiple Choice

Robin is interested in Cassidy, so she calls up their mutual friend, Joan, to find out more. Robin is using the skill of ______.

• A) offering
• B) approaching
• C) networking
• D) sustaining

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Definitions:

Antitrust Division

A government department responsible for enforcing laws that promote competition and prevent monopolies and anti-competitive practices.

Industry Concentration

The extent to which a small number of firms dominate the total sales, production, or capacity of an industry.

Economies of Scale

Operational scale brings about cost reductions for firms, with each unit's production cost decreasing as the operation's scale enlarges.

Economies of Scale

The cost advantage that arises with increased output of a product, as fixed costs are spread over more units of production.