Which of the Following Is Mentioned in the Textbook as a Deficiency

question 47

Multiple Choice

Which of the following is mentioned in the textbook as a deficiency in private markets for which government action can provide a remedy?

• A) Pollution.
• B) High prices.
• C) Low interest rates.
• D) Excessive levels of debt.

---

Definitions:

Business Proposition

An offer or plan presented to a person or group with details about benefits and costs, aiming to persuade or inform the receiver towards making a business decision.

Marketing Plan

A strategic blueprint that outlines a company's overall marketing efforts, including objectives, market analysis, strategies, and tactics.

Trial Close

A sales technique involving asking a potential customer a question that assumes the sale is going to be made, in order to gauge their readiness to buy.

FAB

An acronym for Features, Advantages, and Benefits, a sales and marketing strategy focusing on the product's aspects and their value to the customer.