When Engaging in Audience Analysis,speakers Need to Understand an Audience's

question 41

Multiple Choice

When engaging in audience analysis,speakers need to understand an audience's beliefs that govern or guide their behaviors.What factor is being addressed in this analysis?

• A) attitude
• B) value
• C) belief
• D) knowledge
• E) demographics

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Definitions:

Zero Economic Profit

A situation in which a firm's total revenues equal its total costs, earning a normal profit but no economic profit.

Perfectly Competitive

A market structure characterized by many sellers, homogeneous products, and free entry and exit, leading to price determination by supply and demand.

Long-Run Industry Supply Curve

The long-run industry supply curve shows how the quantity supplied by an industry varies with price once all adjustment has been made, including the entry and exit of firms.

Increasing-Cost Industry

An industry in which production costs rise as firms enter the market, often leading to higher prices for consumers.