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Table 3-27
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
-Refer to Table 3-27. Assume that Huang and Min each has 36 labor hours available. Originally, each person divided his/her time equally between the production of parasols and plates. Now, each person spends all their time producing the good in which they have a comparative advantage. As a result, the total output of plates increased by
Stage-rigging System
Equipment and processes used in theaters and entertainment venues to mechanically lift and manipulate stage scenery, lights, and effects.
Continuous-yes Close
A sales technique in which the salesperson leads the customer through a series of questions designed to elicit affirmative answers, culminating in agreement to the sale.
Assumptive Close
A closing technique where the salesperson assumes that the customer has already decided to purchase, and moves forward with steps toward finalizing the sale.
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