A Caption Is Text That Helps to Identify or Explain

question 78

True/False

A caption is text that helps to identify or explain a picture or graphic.

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Definitions:

Compensation Cost

The total amount an employer spends on an employee's salary, benefits, and other forms of remuneration.

Average Cost

The total cost of production divided by the number of units produced.

Hidden-cost Fallacy

This fallacy occurs when not all costs associated with a decision or action are considered, leading to an underestimation of the true cost.

Overhead

The ongoing administrative, operational, or general business expenses that are not directly tied to the production of goods or services.