Which of the Following Factors Is the Most Important to Be

question 4

Multiple Choice

Which of the following factors is the most important to be considered when choosing a medium based on its richness?

• A) cost of using the communication medium
• B) ease of use of the communication technology
• C) degree of potential ambiguity in the message
• D) level of comfort users have with the medium

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Definitions:

Long-Run Average Total Cost Curve

A graphical representation that shows the lowest average total cost at which a firm can produce any given level of output in the long run, where all inputs are variable.

Downward-Sloping

A term often used in economics to describe a curve or line that represents a decrease in one variable as another increases, typical in demand curves.

Long Run

A period in which all factors of production and costs are variable, allowing for adjustment to changes.

Fixed

In economics, pertains to costs that do not change with the level of output or production, such as rent, salaries, and insurance.