Which of the Following Is True with Respect to the Use

question 60

Multiple Choice

Which of the following is true with respect to the use of the Internet for recruiting?

• A) it is popular with job seekers, but not recruiters
• B) it is popular with recruiters, but not job seekers
• C) it is cheaper and easier, but less effective than other methods
• D) it is the most commonly used search tactic by job seekers

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Definitions:

Substitution Effects

The change in the consumption pattern of goods due to a change in their prices, making consumers replace more expensive items with cheaper alternatives.

Downward-sloping

A descriptor often used for demand curves, indicating that as the price of a good or service decreases, the quantity demanded increases.

Law of Demand

The principle that there is an inverse relationship between the price of a good and the quantity demanded, holding other factors constant.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level.