Which of the Following Can Be Described as the In-House

question 15

Multiple Choice

Which of the following can be described as the in-house equivalent of Internet newsgroups?

• A)intranet chat rooms  
• B)Internet grapevines  
• C)corporate talk shows  
• D)online collaboration tools

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Definitions:

Long-run Equilibrium

A state in which all firms in a perfectly competitive market earn zero economic profits, with no incentives for new firms to enter or existing firms to exit.

Decrease in Demand

A situation where consumers' willingness and ability to purchase a product at all price levels declines, represented by a leftward shift of the demand curve.

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.