Which of the Following Sentences Is a Good Example of a Beginning

question 73

Multiple Choice

Which of the following sentences is a good example of a beginning sentence in a favorable reply to a routine request?

• A)We can definitely assist you in having your regional conference at the Ritz-Carlton.
• B)Thank you for your request.
• C)Please let us know the number of rooms you require first.
• D)I read your request.

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Definitions:

Economic Efficiency

A situation where all resources are allocated in a way that maximizes the total benefit to society or minimizes waste.

External Cost

A cost that a transaction or activity imposes on a party who is not involved in the transaction, often not reflected in market prices.

Negative Externality

A cost that affects a party who did not choose to incur that cost, often associated with environmental, health, and safety concerns of public and private actions.

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction.