Which of the Following Is True About the Importance of Effective

question 25

Multiple Choice

Which of the following is true about the importance of effective communication to your career and to the companies where you will work?

• A) Communication is important for most jobs except technical ones such as engineering or finance.
• B) The higher you rise in your organization, the more time you spend using the technical skills of your profession and the less time you spend communicating.
• C) Good communicators are generally more difficult to find than good accountants, good engineers, or good attorneys.
• D) Good communication has not been linked to financial advantages for companies.

Explain how expectations about future prices and changes in production costs impact supply.

Calculate or estimate the supply curve equation from given data or scenarios.

Predict the effects of market events on supply, demand, and equilibrium, including the impact of taxes and subsidies.

Understand the role of technology in shifting the supply curve and influencing production costs.