When Companies Sell Different Products That Require Very Different Knowledge

question 58

True/False

When companies sell different products that require very different knowledge or skills,they can have salespeople specialize by product line.

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Definitions:

Marginal Physical Product

The change in output resulting from employing one more unit of a particular input, all else being constant.

Productivity

The measure of the efficiency of production, often evaluated as the ratio of output to inputs in the production process.

Complementary Resources

Natural or manufactured materials that work together with another resource in production to create a product or service.

Productivity

A measure of the efficiency of production, often expressed as the ratio of output to input in the production process.