____________________ Is a Program That Tracks the Actions You Take

question 62

Short Answer

____________________ is a program that tracks the actions you take on your computer, such as which Web sites you visit, what products you purchase online, and your credit card information, and sends them to a third party.

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Definitions:

Marginal Cost Curve

The marginal cost curve graphically represents the cost incurred in producing one additional unit of a good.

Average Fixed Cost

Represents the fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.

Total Cost Curve

A graphical representation showing the total cost incurred by a firm at different levels of output.

Variable Input

An input in the production process that can be adjusted in the short term to change the level of output.