Conducting Classes Over the Web with No Physical Class Meetings

question 4

Short Answer

Conducting classes over the Web with no physical class meetings is called ____________________, which provides a convenient method for nontraditional students to attend college.

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Definitions:

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services and achieve its objectives.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, like labor.

Wage Rate

The standard amount of pay given for work performed, typically expressed as an amount per hour or per task completed.

Total Product

The total quantity of output produced by a firm with a given amount of input.