Potential Output Depends on All of the Following Except One

question 108

Multiple Choice

Potential output depends on all of the following except one. Which is the exception?

• A) the supply of labor
• B) labor productivity
• C) the stock of capital
• D) the technology in current use
• E) the number of consumers in the market

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Definitions:

Product Line

A group of related products that are marketed under a single brand name by the same company.

Account Penetration

The degree to which a company has been successful in selling its products or services to various departments or levels within a targeted client's organization.

Follow-Up

The act of maintaining contact with individuals or groups after an initial meeting, communication, or transaction to ensure satisfaction or further progress.

Service Situations

Scenarios in which customer needs are addressed and met through the provision of services.