All of the Following Are Guidelines for Developing an Audience-Centered

question 4

Multiple Choice

All of the following are guidelines for developing an audience-centered informative speech EXCEPT

• A) consider your audience.
• B) determine your informative purpose.
• C) develop your general purpose.
• D) develop your central idea.

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Definitions:

Willingness to Pay

The maximum amount an individual is prepared to spend to purchase a good or service or to avoid something undesirable.

Elastic

Describes a situation where the quantity demanded or supplied responds significantly to changes in price.

Perfectly Price Discriminate

A pricing strategy where a seller charges the maximum amount each consumer is willing to pay, thus capturing the entire consumer surplus.

Economic Welfare Loss

A decrease in social welfare, usually due to inefficiency in the allocation of resources or market failure.