To Add a "Punch" to Your Ending,you May

question 24

Multiple Choice

To add a "punch" to your ending,you may

• A)tell a story.
• B)remind the audience of the main points.
• C)end with a well-known quotation.
• D)ask the audience a question.

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Definitions:

Lack of Variety

A situation in a market where there are few different options or types of products available to consumers, potentially leading to decreased consumer satisfaction.

Close Substitute

A product or service that can easily replace another in consumption or use, due to similarities in characteristics or functionalities.

Monopolistic Competitors

Companies that are in a competitive market structure but with differentiated products, allowing them small amounts of market power to set prices.

Industry Supply Curve

A graphical representation showing how much product a market can offer at various prices, for a specific industry.