The final stage in the personal selling process is referred
to as the follow-up stage.
Professional selling does not end with the closing of a
sale, it further requires customer follow-up. In the follow-up stage, it is
ascertained that the customer's purchase has been properly executed and that difficulties
experienced with the use of the item are attended to.
Based on the amount that consumers spent on the various types of goods, the consumption for that year would equal $95 billion.
<h3>What was the consumption last year?</h3>
The consumption spending is everything that consumers spent in a year so in this case that would be:
= Durable goods + Non-durable goods + Services
Solving gives:
= 14 + 35 + 46
= $95 billion
In conclusion, $95 billion was spent on consumption.
Find out more on the use of consumption spending at brainly.com/question/25947470.
He will mow 2 lawns for a total revenue of $48, with a producer surplus of $8
He will not mow 3 lawns because his price for the 3rd is $28 which is higher than the market rate. Producer surplus is the difference between what they are willing to supply vs how much they actually earn, so there is a $4 difference per each of 2 lawns for a total of $8.
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