If a Speaker Identifies a Situation and Then Discusses the Impact

question 20

Multiple Choice

If a speaker identifies a situation and then discusses the impact of that situation,the speaker has used a

• A)topical pattern.
• B)chronological pattern.
• C)cause-effect pattern.
• D)spatial pattern.

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Definitions:

Accounting Profit

The net income a company reports on its financial statements, calculated as total revenues minus explicit costs of doing business.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.

Marginal Benefit

The additional benefit derived from producing one more unit of a good or service.

Accounting Profit

The total revenue of a business minus its explicit costs; essentially the net income reported on the financial statements.