When Trying to Persuade Listeners That Are Skeptical About Your

question 18

True/False

When trying to persuade listeners that are skeptical about your position, you need to deal directly with the reasons for their skepticism.

---

Definitions:

Price Taker

A market participant that accepts market prices as given and has no influence to alter the price of the good or service.

Buyer

A person or organization that purchases goods or services.

Law Of Demand

The economic principle stating that, all else being equal, as the price of a good or service decreases, consumer demand for it will increase, and vice versa.

Quantity Demanded

The quantity demanded is the amount of a good or service that consumers are willing and able to purchase at a given price, holding all else constant.