What Is NOT a Qualification of a Social Media Crisis

question 20

Multiple Choice

What is NOT a qualification of a social media crisis?

• A) The event happens on social media.
• B) It rapidly spreads from person to person.
• C) The situation becomes viral and turns into a traditional news story.
• D) It only happens in certain industries.

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Definitions:

Caitlin's Producer Surplus

The difference between what a producer (in this case, Caitlin) actually receives for selling a good and the minimum they would be willing to accept.

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive, measured by the area above the supply curve and below the market price.

Whitewater Rafting

A recreational outdoor activity which uses an inflatable raft to navigate through rough or whitewater rivers.

Producer Surplus

The difference between the amount a producer is willing to accept for a good or service and the actual amount received from selling it at the market price.