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Formal Writing
Write a one- to two-page formal letter or memo in which you communicate a negative message. You may select from one of the following scenarios:
• Tell your investors or employees about a recent decrease in your company's stock value.• Inform employees of a coming round of layoffs at your place of business.• Communicate displeasure with a business's or vendor's work practices or product.• Inform a customer that you are unable to refund his or her money or accept a returned product.• Select another scenario of your choice, as approved by your instructor.
Format your letter or memo as suggested in.
This is a question in regards to Ch.5 "Individual and Market Demand" of my Microeconomics (2e Goolsbee) textbook . Suppose that Sarah's demand for specially blended herbal tea is perfectly inelastic over a certain price range. Then, over this price..
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