Which of the Following Resources Would Be Least Helpful in Your

question 67

Multiple Choice

Which of the following resources would be least helpful in your job search?

• A)Classified advertisements
• B)Career fairs
• C)Employment agencies
• D)Internet, career websites, and job boards

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Definitions:

Economic Profit

is the excess of total revenue over the total costs, including both explicit and implicit costs.

Accounting Profit

Accounting profit is the net income a company reports on its financial statements, calculated as total revenues minus explicit costs and depreciation.

Marginal Product

The extra production obtained by employing an additional unit of a variable resource, while keeping the rest of the inputs unchanged.

Fixed Cost

Expenses that do not change in the short term regardless of the level of production or output.