If the Demand for a Good Increases,it Is Likely That

question 62

Multiple Choice

If the demand for a good increases,it is likely that the demand for the factors of production used as inputs will:

• A) decrease.
• B) increase.
• C) stay the same.
• D) None of these statements is true.

---

Definitions:

Selling Skills

Competencies related to effectively persuading customers to purchase a product or service, including communication, negotiation, and empathy.

Negotiation Skills

The abilities that allow individuals to reach agreements or compromises by discussion, aiming for mutually beneficial outcomes.

Sales Presentation

A sales presentation is a structured pitch where a product or service is explained and promoted to potential customers, aiming to secure a sale or agreement.

Office Networking Systems

Refers to the digital and technological infrastructure that supports communication and resource sharing within an office or organization.