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Refer to the following passage to answer the questions that follow.
Talbots is a women's clothing store that sells only Talbots brand clothing. The style is fashionable, yet classic. It is relatively high-priced, but not priced at the level of designer clothing. Talbots has expanded its reach through the company's transactional website, and management is interested in getting more traffic to the site as well as using alternative media to reach the target market.
-Talbots wants to increase its Internet advertising. Name and describe three of the six types of Internet advertising available.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.
Marginal Costs
The increase in total cost that arises from producing one additional unit of a good or service.
Output
The amount of goods or services produced by a company, industry, or economy within a certain period.
Variable Costs
Costs that vary directly with the level of output, such as raw materials and direct labor expenses.
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