_____ Systems Track What Is Selling,how Fast,in Which Locations,and to Which

question 66

Multiple Choice

_____ systems track what is selling,how fast,in which locations,and to which customers.

• A)Internal record
• B)Accounting
• C)Advertising
• D)Competitive intelligence

Recognize the impact of price elasticity of demand on profit-maximizing output levels.

Understand the role of governmental intervention in markets through taxation or subsidies.

Apply concepts of social efficiency and Pareto improvements in market scenarios.

Understand the concept of marginal revenue and its calculation.