When Planning an Outline for Your Speech,keep in Mind That

question 76

Multiple Choice

When planning an outline for your speech,keep in mind that

• A)it can include delivery cues,such as where you plan to pause for emphasis or use visuals.
• B)you should keep each item to two- to three-word descriptions of what you will say.
• C)you can leave out all transitions.
• D)this is not the place to include "stage directions."
• E)you should start with the opening and close.

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Definitions:

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the average cost per unit of output.

MC = MR

Stands for the economic principle where Marginal Cost (MC) equals Marginal Revenue (MR), a condition for profit maximization in firms, indicating the optimal level of production.

Profit-maximizing Level

The point at which a firm achieves the highest possible profit, balancing the cost of production against revenue from sales.

Perfectly Competitive

A perfectly competitive market is an economic concept where numerous small firms compete against each other with homogenous products, and no single firm can influence the market price.