Active Listening Is a Technique in Which the Listener Focuses

question 30

True/False

Active listening is a technique in which the listener focuses entirely on the information being delivered through a message rather than the feelings of the speaker.

---

Definitions:

Income Elasticity

A measure of how much the quantity demanded of a good responds to a change in consumers' income, holding all other factors constant.

Normal Good

A good for which a rise in income increases the demand for that good—the “normal” case.

Total Revenue

The total income received by a firm from selling its goods or services, calculated as the unit price times the quantity sold.

Elastic Demand

A situation where the demand for a product changes significantly in response to changes in its price.