You Are Attempting to Sell a British Customer a Corporate

question 12

Multiple Choice

You are attempting to sell a British customer a corporate jet. He tells you that your proposal "holds of bit of promise." At this point you probably

• A) will sign a contract within the hour.
• B) are being scrutinized for ethical violations.
• C) stand a good chance of making the sale.
• D) have no chance of making the sale.

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Definitions:

Durable Goods

are items with a long life expectancy, such as automobiles, furniture, and appliances, typically used over years rather than consumed quickly.

Disposable Income

The accessible funds for households intended for saving and spending, after subtracting taxes on income.

Induced Consumption

Consumption that varies directly with income, indicating how consumer spending increases as income rises.

Disposable Income

The wealth households have at their disposal for spending and saving post-income tax evaluations.