Just Like a Paper Form, A(n) ____________________ Form Is Used

question 91

Short Answer

Just like a paper form, a(n) ____________________ form is used to gather information from Web site visitors.

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Definitions:

Purely Competitive

A market structure characterized by a large number of firms producing homogenous products and where no single firm has significant control over the market price.

Inelastic Demand

A situation where the demand for a good or service is not significantly changed by the changes in its price.

Maximize Profits

The objective of increasing a company's earnings to the highest possible level.

Product Differentiation

Product differentiation is the process of distinguishing a product or service from others, to make it more attractive to a particular target market.