Which of the Following Statements Regarding Cold Canvassing Is Most

question 32

Multiple Choice

Which of the following statements regarding cold canvassing is most accurate?

• A)Currently there are no Federal regulations regarding cold canvassing in terms of disclosure or early morning or late night calling.
• B)Some 75 percent of U.S.consumers consider cold canvassing an intrusion on their privacy.
• C)Generally, only 1 in 100 cold canvass calls results in a sale, so it is only effective for high ticket items.
• D)Cold calling is rarely successful in identifying qualified prospects.
• E)The Telephone Consumer Protection Act (1991) not only protected citizens, it ensured the rights of telemarketers to call anyone listed in a public directory whether they chose to be called or not.

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Definitions:

AVC

Average Variable Cost, which is the total variable costs divided by quantity of output produced.

ATC

Average Total Cost; the sum of all production costs divided by the quantity of output produced.

Perfectly Competitive Firm

A business operating in a market where there are many buyers and sellers, all selling identical products, with no barriers to entry or exit.

Loss

A financial condition where costs exceed revenues, resulting in a negative profit.