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_____ Is a Process of Finding Out About Potential Clients

question 67

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_____ is a process of finding out about potential clients from friends,business contacts,coworkers,acquaintances,and fellow members in professional or civic organizations.


Definitions:

Profit-Maximizing Quantity

The level of production at which a firm achieves the highest possible profit.

Good Increases

A term that is not well-defined in an economic context; possibly refers to growth in the quality or quantity of goods.

Labor

Human effort used in production which can include physical and mental contribution.

Price-Taking Farmer

An agricultural producer who has no control over the prices of the products they sell and must accept the prevailing market prices.

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