Software Agents Such as Shopping Agents and Search Engines ________

question 8

Multiple Choice

Software agents such as shopping agents and search engines ________.

• A) scour the internet for terms matching the users' search criteria
• B) use web portals to access partner information
• C) are forms of experiential marketing
• D) match user input to databases and return customized information

---

Definitions:

Input Prices

The costs associated with purchasing the raw materials, labor, and other factors of production required to produce goods or services.

Industry Expands

The process of growth within a specific sector of the economy, characterized by an increase in output, sales, or the number of operators.

Average Total Cost Curve

A graphical representation showing the average total cost of producing different quantities of output.

Purely Competitive Firm

A company that operates in a market where there are many buyers and sellers, the products are homogeneous, and there are no barriers to entering or exiting the market.