Table 7.2.2 -Table 7.2.2 Shows a Country's Demand and Supply Schedules. Based

question 86

Multiple Choice

Table 7.2.2

-Table 7.2.2 shows a country's demand and supply schedules. Based on Table 7.2.2, at what world price would the country export?

• A)at only $8 a unit
• B)any price below $8
• C)a price of $6 a unit
• D)a price of $4 a unit
• E)any price above $8 a unit

---

Definitions:

Needs and Expectations

The basic requirements and desired levels of satisfaction that consumers seek in products and services.

Post-Incident Surveys

Questionnaires that are distributed following an event or incident to gather feedback, assess response effectiveness, and identify areas for improvement.

Customer's Relationship

Refers to the approaches and techniques a company uses to maintain and enhance interactions with its customers, aiming to foster loyalty and satisfaction.

Customer Loyalty

The likelihood of customers to continue purchasing from a specific brand or company due to positive experiences or satisfaction.