Good X Is a Normal Good If an Increase in Income

question 4

Multiple Choice

Good X is a normal good if an increase in income leads to:

• A) an increase in the supply for good X.
• B) an increase in the demand for good X.
• C) a decrease in the demand for good X.
• D) a decrease in the supply for good X.

Discuss techniques for subordinating refusal in a bad-news message and circumstances under which the deductive approach is appropriate in delivering bad-news messages.

Understand the appropriate tone, structure, and timing for different types of business communication.

Recognize the significance of timeliness and specificity in appreciation and thank-you messages.

Identify the deductive and inductive sequence in organizing business messages.

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Definitions:

FTC Act

Legislation established to prevent unfair or deceptive business practices and promote competition by enforcing the provisions of the Federal Trade Commission.

Respondent

The party that responds to a petition or an appeal in a legal proceeding.

Cease-And-Desist Order

A legal order issued by a government authority or court directing a person or entity to stop an alleged illegal activity.

Consent Order

A legal agreement approved by a judge or competent authority, resolving a dispute between two parties without the need for a trial.