If You Are Not Given a Time Limit for Your

question 43

Multiple Choice

If you are not given a time limit for your presentation,you should

• A)make it as long as possible to ensure the audience understands the message.
• B)keep the presentation as short as possible while accomplishing your purpose.
• C)ask the audience how long they would like the presentation to take.
• D)make sure it takes no less than 30 minutes,not including the question-and-answer session.
• E)deliver the presentation impromptu,and end it whenever the audience appears to be losing interest.

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Definitions:

Marginal Utility Data

Marginal utility data refers to information that describes the change in utility or satisfaction a consumer derives from consuming one additional unit of a good or service.

Utility Maximization

The process by which individuals allocate their resources to maximize their subjective well-being or satisfaction.

Marginal Utility

The change in total satisfaction or utility that a consumer receives from consuming one additional unit of a good or service.

Utility Maximization

An economic principle suggesting that individuals or firms seek to allocate their resources in a way that maximizes their utility or satisfaction.