Facebook and Twitter Are Social Media Platforms That Are

question 6

Multiple Choice

Facebook and Twitter are social media platforms that are

• A)irrelevant to political discourse.
• B)networking on political issues.
• C)used by professionals only.
• D)none of the above.

Understand the principle of the law of comparative advantage.

Recognize the benefits of trade and specialization.

Differentiate between comparative and absolute advantage.

Grasp the role of opportunity cost in economic decisions.

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Definitions:

Cereal Partners Worldwide

A joint venture between Nestlé S.A. and General Mills Inc. focused on producing and marketing breakfast cereals globally.

Channel Captain

A dominant firm in a distribution channel that exercises authority and power over activities of other channel members.

Function

The intended purpose or role of an object, system, or process, often related to what it does or is used for.

Amazon

An American multinational technology company primarily known for its e-commerce operations, cloud computing, digital streaming, and artificial intelligence.