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List and discuss several ways in which technology is changing the newspaper industry and the newspaper as a medium.Which of these alterations do you see as beneficial,and which do you see as harmful to the future of the medium and its role in the culture? Explain.
Unit Fixed Costs
Costs that remain constant for a product regardless of how many units are produced or sold.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Incremental Revenue
Additional income generated from selling more units of a product or from launching a new product or service.
Relevant Information
Information that is applicable and crucial to the decision-making process, having the ability to affect the outcome of a decision.
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