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Your First Project as the New Web Designer at Smart

question 335

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Your first project as the new web designer at Smart Design is to increase web traffic to help boost web orders.Before you begin redesigning the website, you look at the website analytics.What can they tell you?


Definitions:

Equilibrium

A state of balance in a market, where demand equals supply, and economic forces are at rest.

Welfare Economics

Normative evaluation of markets and economic policy.

Equilibrium

A state in which market supply and demand balance each other, resulting in stable prices and quantities.

Efficient

Refers to a level of performance that uses the least amount of inputs to achieve the highest amount of output.

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