Before Choosing to Grow It Is Important to Determine

question 4

Multiple Choice

Before choosing to grow it is important to determine

• A)whether the product can grow in sales
• B)if competitors will permit the business to grow
• C)how much it will cost to terminate employees if growth doesn't happen
• D)if customers will support the initiative

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Definitions:

Past Salary

The salary or wages that an individual earned in previous employment positions.

Current Balance

The sum of the trade balance, net income from abroad, and net current transfers.

Behavioral Economists

Scholars who study the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions of individuals and institutions.

Marginal Disutility

The additional dissatisfaction or negative utility gained by consuming or producing one additional unit of a good or service.