Examlex

Solved

Which Type of Social Network Allows Users to Edit and Contribute

question 32

Multiple Choice

Which type of social network allows users to edit and contribute content posted to a particular site?


Definitions:

Constant-cost Industry

An industry in which the input prices and production costs remain stable even as the industry output changes.

Economic Profits

The surplus remaining after total costs are subtracted from total revenue, taking into account both explicit and implicit costs.

Industry Supply

The total output of goods or services that firms in a specific industry are willing and able to sell at various price levels.

Decreasing-cost Industry

An industry where average costs of production decrease as the scale of output increases.

Related Questions