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Steve Has Built an Online Shopping Website and He Would

question 47

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Steve has built an online shopping website and he would like to increase his website ranking in the search results.You are his consultant.Which of the following would you recommend for him to help achieve his goal?


Definitions:

R&D Spending

Investment in research and development activities aimed at innovation, developing new products, or improving existing ones.

Marginal Cost

The hike in cost associated with the creation of an additional unit of a product or service.

MUₐ /Pₐ

Represents the ratio of the marginal utility (MU) of a good to its price (P), indicating the additional satisfaction per unit of currency spent on that good.

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