Examlex
Part of understanding organizational communication means understanding the role that new communication technologies play in our everyday lives. The text addresses social networking sites such as Instagram, Snapshot, Vine, Twitter, and Facebook as forms of new technology that are changing the ways in which we communicate. Explain what new communication technologies include, and describe how social networking sites operate as new communication technologies that help manage knowledge.
Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity demanded.
Actual Price
The price at which a good or service is sold, not considering discounts or adjustments.
Consumer Surplus
The difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.
Priced At
The specified cost at which a good or service is offered for sale in the market.
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