Jargon and Technical Terminology Hinder Communication When They Are Used

question 7

True/False

Jargon and technical terminology hinder communication when they are used with audiences who are not specialists and who,therefore,do not understand what the terms mean.

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Definitions:

Total Output

Total output is the complete quantity of goods or services produced by an economy, firm, or production process within a specific period.

Marginal Cost

The additional cost incurred by producing one more unit of a product.

Average Variable Cost

The per unit cost of production excluding fixed costs, calculated by dividing the total variable costs by the quantity of output produced.

Short-Run Production

The period in which at least one input or factor of production is fixed, allowing firms to adjust only certain inputs to change output levels.