Which of the Following Statements About Blogs Is Most Accurate

question 78

Multiple Choice

Which of the following statements about blogs is most accurate? 

• A)Blogs are always written by just one person.
• B)Marketing firms are looking closely at blogs because blogs can invite spontaneous consumer feedback faster and more cheaply than traditional consumer research tools.
• C)Although wikis allow visitors to leave public comments, blogs do not.
• D)Almost all blogs on the Web are active, meaning that posts were published within three months.

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Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business.

Marginal Costs

The additonal cost incurred by producing one more unit of a product or service.

Elasticity of Demand

The elasticity of demand measures how responsive the quantity demanded of a good or service is to a change in its price, indicating the sensitivity of consumers to price changes.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different customers.