When You're Posting Comments on Social Media

question 94

Multiple Choice

When you're posting comments on social media,

• A)don't worry about the details of spelling and punctuation.
• B)exercise your free-speech rights by ranting and raving at length.
• C)promote your products and services aggressively.
• D)provide short "chunks" of information that can help others who visit the site.
• E)write from an objective,third-person point of view.

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Definitions:

TVC

Total Variable Costs, which are the sum of expenses that vary directly with the level of production or business activity.

TFC

Total Fixed Costs, which are the sum of all costs that remain constant regardless of the level of production or output.

TC

In economics, often stands for Total Cost, which is the complete cost of production including both variable and fixed costs.

Total Variable Costs

Total Variable Costs are the cumulative expenses that change in proportion to the level of goods or services produced, including costs such as raw materials and labor.