Knowing That More People View Webpages on Their Smartphones Than

question 5

Multiple Choice

Knowing that more people view webpages on their smartphones than on desktop or laptop computers,how would you design your website?

• A) With no graphics,only text
• B) With all content on one page
• C) With responsive design
• D) With a static layout

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Definitions:

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, resulting in no excess supply or demand.

Willing To Pay

The maximum amount a consumer is prepared to spend on a good or service, reflecting their valuation and demand.

Maximum Prices

Price caps set by the government on certain goods and services to protect consumers from excessive prices.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual price they receive.