Examlex
For questionnaires to be used in surveys to be conducted in social media,the general principles and guidelines for questionnaire design remain the same as those for traditional media.
Economic Loss
A situation where total costs exceed total revenues, resulting in a negative profit for a business or economy.
Short Run
A period of time during which at least one of a firm's inputs is fixed, affecting the firm's capacity to adjust to demand changes.
Short Run
The short run is a period in economics where at least one factor of production is fixed, limiting the adjustments a firm can make to its inputs.
Average Variable Cost
The total variable cost divided by the quantity of output produced; it shows the cost of producing one more unit of output.
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