Social Media Platforms Such as Facebook, Help Users Stay Connected

question 36

Multiple Choice

Social media platforms such as Facebook, help users stay connected. But addiction to social media is an increasing problem in users. This is an example of which of the following?

• A) Autonomous effects
• B) Social after-effects
• C) Unintended effects
• D) Technological effects

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Definitions:

Contribution Margin Ratio

The contribution margin ratio is a financial metric indicating the proportion of sales revenue that exceeds variable costs and is available to cover fixed costs and generate profit.

Fixed Costs

Outlays for rent, salaries, and insurance that are unaffected by variations in the volume of production or sales.

Sales Dollars

A term referring to the total revenue generated from the sale of goods or services, expressed in monetary value.

High-Low Method

A method employed in cost accounting that calculates estimated variable and fixed costs using the highest and lowest activity levels.