Which Element Needs to Be Present in Order for a Rumour

question 145

Multiple Choice

Which element needs to be present in order for a rumour to emerge?

• A)anxiety
• B)ambiguity
• C)importance
• D)all of the above

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Definitions:

Marginal Cost

The financial outlay for generating an additional unit of a good or service.

Profit Maximizing Price

The price at which a company can sell its product to maximize its profit, balancing between too high to deter consumers and too low to cover costs.

State Government

The government of a specific state within a country, responsible for governing matters not reserved by the federal government.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at those prices.