Facebook and Twitter Are Both Examples of ________

question 77

Multiple Choice

Facebook and Twitter are both examples of ________.

• A)broadcast media
• B)branded entertainment
• C)guerilla marketing
• D)social media
• E)traditional media

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Definitions:

Inelastic Demand

A market situation where the demand for a product does not significantly change with a change in price.

Total Expenditures

The combined amount of money spent by an individual, organization, or government over a specific period of time.

Inelastic Demand

A market situation where the demand for a product does not significantly change in response to changes in price, often applicable to necessities or products with few substitutes.

Board of Regents

An administrative body that governs institutions of higher education, overseeing budgetary matters, academic policies, and major appointments.