Forms of Electronic Communications That Enable Users to Create and Share

question 70

Multiple Choice

Forms of electronic communications that enable users to create and share content or to participate in social networking are called ______.

• A) weblogs
• B) social media
• C) vlogs
• D) internet sites

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Definitions:

Plant Sizes

The scale or capacity of a manufacturing or production facility, often studied in economics to understand economies of scale.

Cost Curves

Graphical representations used in economics to show the cost of producing a certain number of goods, highlighting how costs change with different levels of output.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Average Cost Curve

A graphical representation that illustrates the cost per unit of output at different levels of production.