Tailoring Your Résumé and Cover Letter to a Specific Company

question 47

Multiple Choice

Tailoring your résumé and cover letter to a specific company:

• A) Means not highlighting these skills in the cover letter
• B) Means including key job skills and requirements mentioned in the job announcements
• C) Is not necessary if your résumé and cover letter are well-written
• D) Means only including key requirements

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Definitions:

AVC

Average Variable Cost, referring to the variable cost per unit of output.

MC

An abbreviation commonly used for marginal cost, which is the cost added by producing one additional unit of a product or service.

Average Variable Cost

The variable cost per unit of output; the total variable cost divided by the number of units produced.

Economic Profit

The gap between the complete income and all expenses, covering overt and hidden costs.