What Does RSS Stand For

question 12

Multiple Choice

What does RSS stand for?

• A) Reorganized Site Syndicator
• B) Really Simple Sites
• C) Rented Site Syndication
• D) Real Simple Syndication

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Definitions:

Price-Elastic

Price-elastic refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price; high elasticity means quantity changes significantly with price changes.

Amtrak Train Service

A government-owned corporation that provides intercity passenger train service in the United States.

Other Passengers

Individuals sharing a transport service such as a bus, plane, or carpool, not including the service provider or driver.

Elastic Demand

Describes a market situation in which the quantity demanded of a good or service significantly changes in response to a change in price.