In Economics,a Synonym for Satisfaction Is

question 146

Multiple Choice

In economics,a synonym for satisfaction is

• A) utility.
• B) marginal.
• C) sacrifice.
• D) normative.

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Definitions:

Principals

The original amount of money invested or loaned, on which basis interest and returns are calculated.

Total Commission

The entire amount of money earned by an individual or a company as a result of successfully completing a sale or series of sales.

Commission Payment Plans

Arrangements where salespersons or employees are paid based on their sales or performance, usually as a percentage of the revenue they generate.

Net Proceeds

The total amount received by a seller after all costs and expenses are deducted from the gross proceeds of a sale.