Some Colleges Now Offer Massive Open Online Courses (MOOCs), Where

question 260

Multiple Choice

Some colleges now offer massive open online courses (MOOCs) , where students do not need to be in the same classroom as their instructors.The fixed cost of an online course is relatively ________, but after the courses are placed online, the marginal cost of providing instruction to an additional student is ________.

• A)high; low
• B)high; high
• C)low; low
• D)low; high

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Definitions:

Automating

The process of implementing systems and technology to perform tasks without human intervention, often to improve efficiency and accuracy.

Operating Expenses

Costs incurred in the regular functioning of a business, excluding direct production costs; these may include rent, utilities, and administrative salaries.

Sales Revenues

Income earned by a company from its sales of goods or services, before any deductions.

Annual Depreciation

The annual expense taken for a fixed asset, representing a fraction of its cost spread over its lifespan.