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Selling More Goods to Increase Capacity and Use of Existing

question 61

Short Answer

Selling more goods to increase capacity and use of existing resources would ____________________ the value of the output produced by a given amount of input.


Definitions:

Attracts Attention

The process or quality of drawing interest or notice toward something or someone.

Marketing Concept

A business philosophy that centers on identifying and meeting the needs and wants of customers through the products or services offered.

Strategy

A plan of action designed to achieve a long-term or overall aim, often involving a series of tactics or methodologies.

Satisfy Customer Needs

The process of meeting or exceeding customer expectations to encourage loyalty and repeat business.

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