Search Engine Optimization Is the Process by Which Advertisers Pay

question 94

True/False

Search engine optimization is the process by which advertisers pay websites and portals to place ads in or near relevant search results based on key words.

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Definitions:

Time Horizon

The length of time over which an investment, project, or policy is intended or expected to occur or be effective.

Technology Change

The innovation or improvement in technology, leading to new methods of production, new products, or enhancements in organizational processes.

Long Run

A period of time in which all factors of production and costs can be fully adjusted, and there are no fixed factors of production.

Short Run

A period in which at least one factor of production is fixed, and only the variable factors can be adjusted by firms to influence output.