Use the Following to Answer Question

question 11

Multiple Choice

Use the following to answer question:
-(Figure: Shifts in Demand and Supply II) Use Figure: Shifts in Demand and Supply II.The graph shows how supply and demand might shift in response to specific events.Suppose a fall frost destroys one-third of the nation's grapefruit crop.Which panel BEST describes how this will affect the market for vitamin B₁₂ tablets,which are a substitute in consumption for grapefruit?

• A)Panel A
• B)Panel B
• C)Panel C
• D)Panel D

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Definitions:

Public Relations

The professional maintenance of a favorable public image by a company or other organization or a famous person.

Corporate Communications

The practice of managing and orchestrating all internal and external communications aimed at creating favorable point of view among stakeholders on which the company depends.

Global Economy

An interconnected marketplace without geographical limits, where goods, services, and labor flow across national borders.

Grunig's Two-Way Symmetrical Model

A public relations model that emphasizes mutual understanding and two-way communication between an organization and its publics.