Face-To-Face Discussions,telephone Conversations and Formal Presentations Are Examples of

question 57

Multiple Choice

Face-to-face discussions,telephone conversations and formal presentations are examples of

• A)written communication.
• B)non-verbal communication.
• C)oral communication.
• D)one-way communication.
• E)two-way communication.

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Definitions:

Equilibrium

A market condition in which the equilibrium of supply and demand leads to price stability.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product in demand, thus balancing supply and demand.

Surplus

A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to a decrease in price.

Quantity Supplied

The aggregate supply of a good or service that manufacturers intend to sell, contingent upon a particular price level within a set period.