In an Interview, Your Credibility May Be Enhanced By

question 17

Multiple Choice

In an interview, your credibility may be enhanced by:

• A) maintaining a high level of eye contact without staring.
• B) speaking loudly so that everyone in the room notices you.
• C) smiling throughout the interview.
• D) wearing your best clothes.
• E) trying to minimise your non-verbal communication behaviour in case you convey the wrong impression.

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Definitions:

Deadweight Loss

A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.

Labor Market

The supply and demand for labor, where employers seek to hire workers and workers look for jobs.

Pure Monopsonist

A market condition in which there is only one buyer for a product or service.

Marginal Revenue Product

Marginal Revenue Product measures the additional revenue generated by employing one more unit of a factor, such as labor or capital, crucial in determining how resources are allocated.