Headings Should Be Kept Broad and Generic

question 22

True/False

Headings should be kept broad and generic.

Reflect on the evolutionary and developmental perspectives on human needs and motivations.

Understand the concept of restricted and unrestricted gifts and their specific purposes.

Appreciate the importance of cost-effectiveness in fund-raising efforts.

Recognize the importance of setting fund-raising priorities and identifying prospects.

---

Definitions:

Monopolist

An individual or entity that has exclusive control over the production and selling of a particular good or service.

Deadweight Loss

The decrease in economic effectiveness due to the inability to achieve or the unachievable status of market equilibrium for a specific good or service.

Marginal Cost

An elevation in the cumulative expense resulting from manufacturing one more unit of a product or service.

Deadweight Loss

A decrease in economic efficiency resulting from the failure to reach equilibrium in the market for a good or service.