A Seminar Participant Is Asking Herself a Series of Questions

question 27

Multiple Choice

A seminar participant is asking herself a series of questions (Who? What? Why? When?) about the general subject she is considering for her presentation. She is using

• A) a tree diagram.
• B) a search directory.
• C) topoi, the system of topics.
• D) rhetoric, the system of language.

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Definitions:

Backward-Bending Labor Supply Curve

A labor supply curve that illustrates how an individual's supply of labor can decrease as wages increase beyond a certain point, due to the preference for leisure over income.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods or services.

Income Effect

How an alteration in the income of an individual or an economy influences the demand for a specific good or service.

Legal Hourly Minimum Wage

The lowest hourly pay that employers are legally allowed to pay their workers, as mandated by government law.