Question
The choice between oral and written communication often
depends on the nature of the message and the desired outcome. Which of the following situations is MOST suitable for utilizing written communication?Solution
Written communication is ideal for complex and detailed information that requires careful consideration and documentation. A project proposal falls under this category, as it involves intricate details, budgets, and timelines that need to be clearly documented for reference.
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
A firm maximizes its profit when
Concept of 'Consumer's Surplus' was evolved by
The goods whose demand is not tied with the demand for some other goods are said to haveÂ
Â
The above curve is a
Diamond-water paradox establishes the fact that
A rightward shift in supply curve indicates
The positive cross elasticity of demand between two products means the two products
Economics of scale means
Market demand for any good is a function of the