Would You Expect the Following to Be High or Low

question 6

Multiple Choice

Would you expect the following to be high or low in an automated firm: (1) safety margin, (2) operating leverage and (3) profit potential?

• A) Low, high, high
• B) High, high, low
• C) Low, high, low
• D) High, low, low

Understand effective and ineffective sales practices.

Recognize the importance of self-concept in sales interactions.

Grasp the significance of nonverbal communication in sales.

Identify strategies for improving listening skills in sales.

---

Definitions:

Government Tax

A compulsory financial charge imposed by a government on individuals, businesses, or goods to fund public services and infrastructure.

Supply

A schedule or curve that shows the various amounts of a product that producers are willing and able to make available for sale at each of a series of possible prices during a specified period of time.

Allocative Efficiency

A scenario in resource distribution where improving the situation of any single person is achievable only at the expense of another's wellbeing.

Productive Efficiency

A situation where goods or services are produced at the lowest possible cost, utilizing resources in the best way possible without waste.