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Suppose the price of pizza falls to $1 per slice. Assuming that Tom's preferences continue to be those shown in the above table, and assuming that MU/P = 3 is still the point at which his consumer optimum is reached, how many slices will Tom now buy?
Preapproach Stage
The phase in the sales process where a salesperson researches and prepares strategies for engaging potential customers before direct contact occurs.
International Selling
The practice of selling products or services beyond one's own country.
Customs
Established and traditional practices of a particular society, culture, or organization.
Cold Canvassing
The process of approaching potential customers or clients directly, without prior contact, to offer products, services, or information.
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