Asked by ??????? ?? ???? on Sep 28, 2024
Which of the following is not included in the BVI equation?
A) Employee hourly wage of the blogger.
B) Average advertising yield.
C) Average opportunity cost of the blogger.
D) Average daily hits.
E) Average numbers of hours spent per day blogging.
Average Opportunity Cost
The value of the foregone alternative that was not chosen when making a decision, averaged over all possible options.
Employee Hourly Wage
The amount of money that an employee is paid for each hour of work.
- Comprehend the economic consequences of advertising through social media, encompassing expense control and marginal benefits.
Learning Objectives
- Comprehend the economic consequences of advertising through social media, encompassing expense control and marginal benefits.
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