Mobile Apps ____

question 70

Multiple Choice

Mobile apps ____.

• A) are usually small
• B) typically are sold through an App store
• C) often cost less than $5.00,or are even free
• D) all of the above

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Definitions:

Equilibrium Price

The price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by producers in a market.

Fine Imposed

A penalty, usually in the form of a monetary payment, levied on an individual or entity for violating laws or regulations.

Long-Run Equilibrium

A state in a market where all firms are making normal profits, and there is no incentive for firms to enter or exit the industry.

Plaster

A building material used for coating walls and ceilings, which hardens after application.