Using the Data in the Table Above, at the Price

question 29

Multiple Choice

Using the data in the table above, at the price of $80 a phone,

• A) a surplus of 25,000 smartphones occurs.
• B) a surplus of 80,000 smartphones occurs.
• C) a shortage of 55,000 smartphones occurs.
• D) the market is in equilibrium.
• E) a shortage of 25,000 smartphones occurs.

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Definitions:

Neutral Statement

A statement or expression that does not convey any bias, preference, or controversy.

Indirect Approach

A communication strategy where the main point or request is presented after providing background information or justification.

Company Policy

Guidelines and rules that outline how a company and its employees should operate within and represent the organization.

Apologetic Tone

A manner of communication that expresses regret, remorse, or sorrow, often used in situations where there has been a mistake or misunderstanding.