All of the Following Are Involved in the Majority of Sales

question 32

Multiple Choice

All of the following are involved in the majority of sales people's ethical issues EXCEPT:

• A) co-workers.
• B) managers.
• C) customers.
• D) friends.
• E) employers.

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Definitions:

Marginal

Term used to describe the effects of a change in the current situation. For example, a producer’s marginal cost is the cost of producing an additional unit of a product, given the producer’s current facility and production rate.

Average Increasing

A situation in which the average cost of production goes up as the quantity produced increases.

Long-run Average Total Cost

The average cost per unit of output produced over a period during which all inputs, including capital, are variable.