Use a Diagram to Demonstrate the Circumstances Under Which a Consumer

question 91

Essay

Use a diagram to demonstrate the circumstances under which a consumer is indifferent between an in-kind transfer and a cash transfer of equal dollar value. If a cash transfer is always at least as preferred as an in-kind transfer, what do you think are the reasons for maintaining programs that rely on in-kind transfers? Explain your answer.

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Definitions:

Sales Objections

The reasons or excuses given by prospects that prevent them from purchasing a product or service.

Category

A classification or grouping based on shared characteristics or qualities, often used to organize items, products, or ideas for easier reference or analysis.

Objection

A statement or question raised by a potential buyer expressing hesitation or concern about proceeding with a sale.

Courteous

Showing politeness and consideration in one’s attitude and behavior towards others.