A Writer Working for the State Department of Agriculture Wishes

question 1

Multiple Choice

A writer working for the state department of agriculture wishes to educate farmers statewide about upcoming changes in irrigation policies. Which of the following types of communication would be most effective?

• A) memo
• B) email
• C) letter
• D) fax

---

Definitions:

Elasticity of Supply

A measure of how the quantity supplied of a good responds to a change in the price of that good, defined as the percentage change in quantity supplied divided by the percentage change in price.

Total Revenue

The total income generated from the sale of goods or services before any expenses are subtracted.

Elasticity of Supply

A measure of how much the quantity supplied of a good responds to a change in the price of that good.

Income Elasticity

A measure of how much the demand for a product changes with a change in consumers' income.