Eli Needs to Inform His Team Members That There Is

question 28

Multiple Choice

Eli needs to inform his team members that there is a Friday meeting this week. The most appropriate form of communication would be a

• A)memo.
• B)letter.
• C)manual.
• D)form.
• E)report.

---

Definitions:

Output Market

A marketplace in which finished goods and services are traded, involving businesses selling to consumers or other businesses.

Marginal Rate

The rate of change in a quantity or cost in response to a one-unit change in another variable.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs.

Utility

In economics, it represents a measure of satisfaction or happiness that consumers derive from the consumption of goods and services.