Which of the Following Statements Is True of Building a Good

question 31

Multiple Choice

Which of the following statements is true of building a good social network?

• A)Needing help is a sign of weakness.
• B)Proactively seek reasons to contact the people in your network.
• C)Having a lot of Facebook friends implies having a large social network.
• D)In general,all people like to feel needed,but involving them in your personal network is likely to be an unwanted imposition.
• E)Building a social network to enhance your power and influence is a complex undertaking.

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Definitions:

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or service is not achieved or is not achievable.

Actual Production

The total quantity of goods and services produced by an economy or firm at any given time, reflecting real output.

Diagram

A simplified drawing showing the appearance, structure, or workings of something; a schematic representation.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is produced up to the point where the last unit provides a benefit to consumers equal to the cost of producing it.