According to the Textbook, Dropbox, Facebook, and LinkedIn Are Examples

question 28

Multiple Choice

According to the textbook, Dropbox, Facebook, and LinkedIn are examples of ________ firms.

• A) lifestyle
• B) salary-substitute
• C) industry-standard
• D) entrepreneurial
• E) standard-of-living

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Definitions:

Complement Method

A mathematical technique often used in digital computation to simplify subtraction, by working with the complement of numbers.

Trade Discounts

Reductions in price given by sellers to buyers in the commercial transactions, typically based on volume or frequency of orders.

Net Price

The final price after all discounts, rebates, and deductions have been applied, but before taxes and additional fees.

Complement Rate

In finance, it usually refers to the difference between 100% and the given rate of interest, used to calculate discount or markup rates.