INSTRUCTIONS for Questions 112-117: Match Each Description Below with the Term

question 42

Multiple Choice

INSTRUCTIONS for questions 112-117: Match each description below with the term it best describes.
-Standing "at arm's length"

• A)chronemics
• B)paralanguage
• C)disfluencies
• D)proxemics
• E)kinesics

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Definitions:

Economic Profit

The difference between total revenues and total costs, including both explicit and implicit costs, representing the additional benefit over the next best alternative.

Market Price

The price of a commodity when sold in a competitive marketplace, reflecting the supply and demand balance.

Units

Basic measures or quantities of a product, service, or variable used in economic analysis or transactions.

Average Fixed Cost

The average fixed cost is the total fixed expenses of a business divided by the number of units produced, showing how much fixed costs contribute to each unit of production.