When Caroline's Dress Factory Hires Two Workers,the Total Product Is

question 124

Multiple Choice

When Caroline's dress factory hires two workers,the total product is 50 dresses.When she hires three workers,the total product is 60,and when she hires four workers,the total product is 75.The slope of the marginal product curve between two and four workers hired is:

• A) positive.
• B) negative.
• C) infinite.
• D) zero.

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Definitions:

Product Feature

An attribute or functionality of a product that contributes to its desirability or usability.

Segmentation Basis

The criteria or basis used to divide a target market into distinct groups, allowing for more tailored and effective marketing strategies.

SELL Sequence

A series of steps in the selling process, often acronymized to Show features, Explain advantages, Lead into benefits, and Let the customer speak.

Sales Presentation

A formal discussion or demonstration aimed at persuading an audience to purchase a product or service, focusing on features, benefits, and value.