Which of the Following Is the Best Way of Speaking

question 29

Multiple Choice

Which of the following is the best way of speaking to customers?

• A)talking too quickly
• B)talking enthusiastically
• C)talking too slowly
• D)speaking in a dull pattern
• E)using poor speech habits

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Definitions:

Marginal Utility

This term refers to the additional satisfaction or utility gained by consuming one more unit of a good or service.

Rational Consumer

An economic theory assumption that consumers make purchasing decisions based on their rational outlook, available information, and self-interest to maximize utility.

Income Effect

A change in the quantity demanded of a product that results from the change in real income (purchasing power) caused by a change in the product’s price.

Normal Good

A good or service whose consumption increases when income increases and falls when income decreases, price remaining constant.