In 1954,__________________ Developed the First Code of Ethics for PR

question 28

Multiple Choice

In 1954,__________________ developed the first code of ethics for PR practitioners.

• A) PRSA
• B) IABC
• C) NABC
• D) CASE
• E) APR

---

Definitions:

Marginal Cost

The supplementary cost that arises when one additional unit of a product or service is produced.

Marginal

Term used to describe the effects of a change in the current situation. For example, a producer’s marginal cost is the cost of producing an additional unit of a product, given the producer’s current facility and production rate.

Average Increasing

A situation in which the average cost of production goes up as the quantity produced increases.