If You've Been Interviewed by More Than One Person, Send

question 19

True/False

If you've been interviewed by more than one person, send one thank-you note to the person who appeared to be in charge.

---

Definitions:

Monopoly Power

The ability of a single supplier to control the market price and exclude competitors.

Elasticity of Demand

An assessment of the degree to which the quantity of a good demanded changes in response to its price movement.

Marginal Cost

The additional expenditure involved in making one more unit of a product or service.

Retail Price

The total cost at which a product or service is sold to the end consumer, including any markups by retailers.