Todd Gave a Speech on the Poor Quality of Local

question 3

Multiple Choice

Todd gave a speech on the poor quality of local water. He brought in a test kit and demonstrated its impurity. He then advised purchasing a water filter pitcher guaranteed to remove these impurities.Attheend of his speech, Todd mentioned that he worked for the company that made the pitcher, and had them for sale. What was Todd's biggest mistake?

• A) Todd used coercion when suggesting that the audience buy the product from him.
• B) Todd violated the ethical guideline of having a responsible goal for a speech.
• C) Todd used too much evidence and reasoning for an informative speech.
• D) Todd's speech was actually illegal, in that he was advertising in class.

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Definitions:

Opportunity Cost

Missing out on potential opportunities from different choices when opting for a single alternative.

Holding Money

The act of keeping money in cash or in very liquid assets to facilitate transactions or as a precaution against uncertainties.

Interest Rate

The percentage charged on borrowed money or paid to savers, representing the cost of borrowing or the return on savings.

Money Demanded

The total amount of money that households and firms want to hold at any given time, influenced by income levels, interest rates, and economic activity.