In Addition to Rating Systems, _________ Has Become Increasingly Important

question 20

Multiple Choice

In addition to rating systems, _________ has become increasingly important for advertisers as a way to appeal to consumers with trusted sources.

• A) curation
• B) Wikipedia
• C) word-of-mouth marketing
• D) microblogging

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Definitions:

Monetary System

A structured system for creating, managing, and distributing money in an economy.

Barter Economy

An economic system in which goods and services are exchanged directly for other goods and services without the use of money.

Efficient Price

A market condition where prices reflect all available information and resources are allocated to their most valuable use.

Efficient Quantity

The level of output where the marginal benefit to consumers equals the marginal cost of producing an additional unit, leading to optimal resource allocation.