Samantha Works at a Communications Firm

question 333

Multiple Choice

Samantha works at a communications firm.Her job is to receive outside information that is pertinent to the firm and pass it along to executives at the firm.Samantha is the metaphorical _____ of the firm.

• A)axon
• B)cell body
• C)dendrite
• D)nucleus

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Definitions:

Price Ceiling

A legal maximum price that can be charged for a good or service.

Own Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, ceteris paribus.

Market Demand

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

Affirmative Defense

A response to a plaintiff’s claim that does not deny the plaintiff’s facts but attacks the plaintiff’s legal right to bring an action. An example is the running of the statute of limitations.