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What Are the Three Categories of Social Networks Used by Businesses

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What are the three categories of social networks used by businesses and professionals?


Definitions:

Marginal Product

The extra production resulting from the increase of a particular input by one unit, while keeping all other inputs unchanged.

Price of Labor

The compensation or wage paid to employees for their work or labor, often determined by market forces or negotiations.

Price of Capital

The cost of borrowing money or the rental cost of physical capital, which influences investment decisions in business and economic analysis.

ATMs

Automated Teller Machines, which are electronic banking outlets that allow customers to complete basic transactions without the aid of a branch representative or teller.

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