Once Set Normal Standards Should Not Be Changed During the Year

question 180

True/False

Once set normal standards should not be changed during the year.

Grasp the concept and examples of social sharing in digital communities.

Recognize the distinctions between internal and external social networks.

Understand how social networking sites maintain user engagement and marketer dominance.

Identify the roles users play in social media content creation and sharing.

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Definitions:

Macroeconomics

The part of economics concerned with the performance and behavior of the economy as a whole. Focuses on economic growth, the business cycle, interest rates, inflation, and the behavior of major economic aggregates such as the household, business, and government sectors.

Microeconomics

The part of economics concerned with (1) decision making by individual units such as a household, a firm, or an industry and (2) individual markets, specific goods and services, and product and resource prices.

Aggregates

A broad category of coarse to medium-grained particulate material used in construction, including sand, gravel, crushed stone, slag, and recycled concrete.

Opportunity Cost

Opting for one opportunity causes the relinquishment of possible gains from not selected alternatives.