The Various Forms of Online Media Content That Are Publicly

question 71

Multiple Choice

The various forms of online media content that are publicly available and created by end users is referred to as

• A) user-generated content.
• B) wikis.
• C) net platforms.
• D) Facebook pages.
• E) social media.

---

Definitions:

Demand Curve

A visual chart demonstrating the link between an item's price and the amount consumers are willing to buy at those prices.

Purely Competitive Industry

A market structure characterized by many sellers offering identical products, where no single seller can influence the market price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at different prices.

Perfectly Elastic

Describes a scenario where the quantity demanded or supplied changes infinitely in response to any change in price.