Examlex

Solved

What Is a Disadvantage of Photo-Sharing Web Sites

question 34

Multiple Choice

What is a disadvantage of photo-sharing web sites?


Definitions:

Economic Profit

The gap between the total income and the sum of explicit and implicit costs of a business.

Normal Rate

Refers to the standard or usual level at which a particular process occurs or is set, often used in financial contexts such as interest rates.

Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.

Increasing-Cost Industry

An industry in which production costs increase as output expands, often due to factors like resource depletion or increased demand for inputs.

Related Questions