When a Society Decides to Increase Its Quantity of Physical

question 57

Multiple Choice

When a society decides to increase its quantity of physical capital,the society

• A)can avoid the usual need to face trade-offs.
• B)is apparently not very concerned about its rate of economic growth in the future.
• C)is in effect deciding to consume fewer goods and services in the present.
• D)is in effect deciding to save less of its current income in the present.

---

Definitions:

Prospective Customer

An individual or organization considered likely to purchase goods or services in the future, often targeted in marketing efforts.

Household Use

Pertains to products or services designed for regular consumption or utilization within a domestic setting.

Genuine Benefits

The real advantages or positive outcomes that consumers receive from using a product or service, which meet or exceed their expectations.

Personal Selling

A face-to-face sales technique where a seller aims to persuade a buyer to purchase a product or service, focusing on customer needs and relationship building.