One of the Major Opportunities for a Company to Generate

question 60

Multiple Choice

One of the major opportunities for a company to generate positive publicity is

• A) a new advertising campaign.
• B) a price change for a product.
• C) the firing of an employee.
• D) securing a contract that will create jobs.
• E) the hiring of a new employee.

---

Definitions:

Total Revenue

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

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at different prices during a specified time period.

Positive Profits

Earnings that exceed the total costs, indicating a financially beneficial outcome.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in a market, leading to market stability.