When We Use Terms Such as Personal, Impersonal, Self-Talk, Common

question 54

Multiple Choice

When we use terms such as personal, impersonal, self-talk, common purpose, and audience, we are talking about

• A) types of communication
• B) models of communication
• C) contexts of communication
• D) principles of communication

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Definitions:

Highly Inelastic

Describes a situation where supply or demand for a product or service is relatively unresponsive to changes in price.

Unit Elasticity

A situation where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.

Income Elasticity

A measure of how much the demand for a product changes in response to a change in consumers' income.

Demand

The total quantity of a good or service that consumers are willing and able to purchase at a given price level in a given market.