If You Wait to Respond to a Request That You

question 1

Multiple Choice

If you wait to respond to a request that you are granting, you

• A) may lose the goodwill of the person making the request.
• B) save the reader's time.
• C) put the reader in a positive frame of mind.
• D) show professional courtesy and increase the reader's interest.
• E) reduce the opportunity for complying with the request.

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Definitions:

Adam Smith

An 18th-century Scottish economist and philosopher best known for his work "The Wealth of Nations," which laid the foundation for classical economics and the concept of the invisible hand guiding free markets.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than competitors.

Comparative Advantage

Comparative Advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitors.

Productive Advantage

A situation where a person or entity can produce goods or services at a lower opportunity cost than others.