Domino's Did Not Have a Twitter Account Before Two Employees

question 20

True/False

Domino's did not have a Twitter account before two employees went rogue in 2009, which then prompted them to create a social media policy.

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Definitions:

Profit-Maximizing Output

The level of production at which a company can achieve the maximum difference between total revenue and total costs, leading to the highest possible profit.

Market Price

The present cost at which a product or service is available for purchase or sale in the market.

Economic Profit

The total revenue of a business minus its explicit and implicit costs; represents additional wealth created by a company over and above its costs.

Total Revenue

The overall amount of money generated from the sale of goods or services.