Which of the Following Are Items NOT to Include on Your

question 2

Multiple Choice

Which of the following are items NOT to include on your resume?

• A)age
• B)grade point average
• C)degrees earned
• D)last employer

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Definitions:

Economic Loss

The negative difference between a company's revenues and its expenses, including opportunity costs.

Average Variable Cost

The total variable costs divided by the quantity of output produced; it varies with production levels.

Average Total Cost

The total cost of production divided by the total quantity produced; a measure of per-unit production cost.

Economic Loss

A situation where the costs of producing a good or service exceed the revenue gained from selling it, resulting in financial loss.