If Your Audience Doesn't Know You,how Can You Build Credibility

question 32

Multiple Choice

If your audience doesn't know you,how can you build credibility in the proposal?

• A)By asking thoughtful questions of the audience
• B)By identifying areas of concern for the audience
• C)By explaining what the audience is doing wrong and how they can correct those issues
• D)By explaining your experience and qualifications
• E)By identifying what the competition is doing

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Definitions:

Consumer Surplus

The variance between what consumers are ready and capable of spending on a product or service and the actual sum they end up paying.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual price they receive, reflecting the benefit to producers from higher prices.

Consumer Surplus

The gap between what consumers are prepared to spend on a product or service and the actual amount they end up paying.

Maximum Willingness

The highest amount an individual is prepared to pay for a good or service, reflecting their subjective valuation of its utility.