When You Are Constructing a Reference List, You Should

question 64

Multiple Choice

When you are constructing a reference list, you should

• A) include the statement, "Call me for contact details," so you do not distribute your references' private information.
• B) add a brief statement describing your professional relationship with each of your references.
• C) give full demographic information for each one of the references.
• D) include a positive quotation from each reference below their contact information.
• E) create a portfolio of one-page reference letters from each person on the list.

---

Definitions:

Economic Losses

The difference between revenues earned from sales and the total costs of production, including opportunity costs, when the latter exceeds the former.

Market Supply

The total amount of a specific good or service that is available to consumers, determined by the sum of all individual suppliers' products in the market.

Long Run

A period sufficient for all inputs, including physical capital and labor, to be adjusted in the production process.

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of the industry over a period of time.