Which Statement Indicates a Characteristic of Telecommuting

question 1

Multiple Choice

Which statement indicates a characteristic of telecommuting?

• A) Many telecommuters have not felt a sense of social isolation as frequently predicted.
• B) Telecommuting does not have the potential to create sweatshops of the 21st century.
• C) Telecommuting is neither a cure-all nor a universally feasible alternative.
• D) Telecommuting is a permanent work arrangement.

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Definitions:

Increasing-Cost Industry

An industry where production costs increase as the industry's output increases, often due to resource limitations or other scaling challenges.

Economic Profits

Profits exceeding the normal return on investment, calculated by subtracting both explicit and implicit costs from total revenues.

Industry Expansion

The process of a sector growing in size, output, or number of entities, often due to increased demand or technological advancements.

Normal Profits

The level of profit necessary to cover the costs of the inputs owned by the firm, acting as the minimum earnings to keep the firm in business.