When Using Builds,you Should

question 71

Multiple Choice

When using builds,you should

• A) limit them to text; they are not appropriate for graphics.
• B) vary the direction, sometimes going from top to bottom and sometimes going from left to right.
• C) reveal information in a way that helps your audience better understand your message.
• D) set them up so that each letter of the text on a slide appears one at a time.
• E) do none of the above-builds have no place in business presentations.

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Definitions:

Utility-Maximizing

Refers to the economic principle that individuals or firms aim to achieve the highest satisfaction or benefit from their resources and choices under certain constraints.

Behavioral Economics

The study of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

Basic Economic Theory

Refers to the foundational concepts and principles that explain how individuals, firms, and governments make decisions on allocating scarce resources to satisfy unlimited wants.

Rational Consumers

Consumers who make choices to maximize their utility, based on preferences, budget constraints, and available information.