Stephanie Is Giving a Speech About an Animal Shelter

question 3

Multiple Choice

Stephanie is giving a speech about an animal shelter. She is speaking to her audience in a conversational tone. The audience feels as if she is speaking to them directly. What type of speech is she most likely giving?

• A) An extemporaneous speech
• B) An impromptu speech
• C) A manuscript speech
• D) A memorized speech

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Definitions:

Private Markets

Markets where transactions occur directly between parties without significant regulatory oversight, often avoiding public exchanges.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be consumed by anyone and one person’s consumption doesn’t reduce availability to others.

Free-riders

Individuals who benefit from resources, goods, or services without paying for them, often seen in public goods and collective risk scenarios.

Private Markets

are markets where transactions are conducted directly between two parties without being publicly traded on an exchange.