The "Long Tail" Effect Refers to ________

question 30

Multiple Choice

The "long tail" effect refers to ________.

• A)using four or more keywords in a search engine to get narrow and specific search results
• B)the ability of consumers to use the Internet to buy items that would otherwise be difficult to obtain
• C)the unknown impact that the Internet will have on commerce and culture over the coming decades
• D)how some small companies are able to succeed by creating products for larger companies

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Definitions:

Cookies

Small files created by a web server while a user is browsing a website and are stored on the user's computer, designed to hold a modest amount of data specific to a particular client and website.

Total Variable Cost

Total Variable Cost is the sum of all costs that vary with the level of production or output, including materials, labor, and other expenses that change in proportion to activity.

Fixed Cost

Fixed cost refers to expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Marginal Cost

The additional expenditure required to produce one more unit of a product or service.