Which Is the Term Used for Textual Representations of Facial

question 1

Multiple Choice

Which is the term used for textual representations of facial expressions, often used in e-mail messages?

• A)textspressions
• B)emoticons
• C)e-smiles
• D)faceprints

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Definitions:

Perfect Competitor

A market participant in perfect competition, characterized by a homogeneous product and no single buyer or seller having market control.

Short Run

A period during which at least one input, such as plant size or capital, is fixed and cannot be changed, affecting a firm's production capabilities.

Break-even

The point at which total cost and total revenue are equal, resulting in no net loss or gain.

AVC Curves

Average Variable Cost curves, which illustrate the variable costs per unit of output produced, typically downward sloping, reflecting economies of scale.