The Order-Taking Process Should Be ____________, ____________, and ____________ So

question 31

Multiple Choice

The order-taking process should be ____________, ____________, and ____________ so that customers do not waste time and endure unnecessary mental physical effort.

• A)short; curt; abrupt
• B)simple; slow; effortful
• C)short; sweet; ineffective
• D)powerful; simple; abrupt
• E)polite; fast; accurate

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Definitions:

Price Inelastic

Describes a situation where the demand for a product does not significantly change with a change in its price.

Gasoline Demand

The total quantity of gasoline that consumers are willing and able to purchase at various prices, within a given time period.

Equilibrium Price

The price at which the quantity of a good demanded equals the quantity of the good supplied.

Elastic Supply

A situation where the quantity supplied of a good or service changes significantly in response to changes in price.