In Order for Amazon to Understand How Often a Visitor

question 101

True/False

In order for Amazon to understand how often a visitor to the site leaves it after viewing only one page, the company could use metrics such as the bounce rate.

---

Definitions:

Marginal Product

The additional output that is produced by using one more unit of a particular input, while keeping other inputs constant.

Worker

An individual who performs labour for a company or another person in exchange for compensation.

Diminishing Returns

A rule that implies that after reaching a certain threshold, the profit rate from investing more into a specific sector won't keep rising unless there are changes in other contributing factors.

Production Function

An equation that describes the maximum output that can be achieved with a given set of inputs.