When Applying for a Position for Which You Are Qualified

question 21

Multiple Choice

When applying for a position for which you are qualified, which of the following actions would most likely increase your chances of getting hired?

• A) Writing a polite note thanking the employer for the interview
• B) Making frequent telephone calls to express your interest in the position
• C) Getting to know the office staff at the site where you wish to work
• D) Not inquiring about salary or work hours at the interview

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Definitions:

New Equilibrium Price

The price at which the market demand equals the market supply after a shift in supply or demand has occurred, creating a new point of balance.

Demand Equation

A mathematical formula that represents the relationship between the quantity of a good or service demanded and various factors affecting it, such as price and income.

Equilibrium Quantity

The quantity of goods supplied that is exactly equal to the quantity of goods demanded at the market price.

Consumer Expectations

The beliefs or anticipations consumers have about future prices, product quality, service, and other factors that influence their purchasing decisions.