Blog Refers to

question 38

Multiple Choice

Blog refers to

• A)a private online forum centered on a specific topic or theme.
• B)a running account of all purchases made at a single website.
• C)an online forum where people can discuss a wide variety of subjects.
• D)an itemized list of all website "hits" on an individual person including a short biographical summary.
• E)a web network that works as a family tree linking all members of a group or organization.

Understand the concept of social loafing and conditions that increase or decrease its occurrence.

Recognize the impact of group dynamics on individual behavior and decision-making.

Explain altruistic punishment and its motivations.

Grasp the basics of deindividuation and its consequences on mob behavior.

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Definitions:

Variable Costs

Costs that fluctuate in proportion to the level of output or activity in a business, such as raw materials and labor expenses.

Total Revenue

The total amount of money received by a firm from sales of its products or services, before any expenses are subtracted.

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and labor expenses.

Short Run

In economics, a period during which at least one factor of production is fixed and cannot be changed, limiting adjustments to changes in demand or technology.