All of the Following Statements About Social Networks Are True

question 55

Multiple Choice

All of the following statements about social networks are true except:

• A)Yahoo visitors spend more than twice as much time on Yahoo as Facebook visitors spend on Facebook.
• B)much more is spent on advertising on portals than on social networks.
• C)Facebook's share of the total social market is declining.
• D)the response to display ads on Facebook is lower than on portal sites.

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Definitions:

Producer Surplus

The difference between the actual amount producers receive for a good or service and the minimum amount they are willing to accept.

Equilibrium Price

The price at which the quantity of a product demanded by consumers equals the quantity supplied by producers.

Diagram

A simplified drawing showing the appearance, structure, or workings of something.

Market Supply Curve

A graphical representation showing the total quantity of a good that sellers are willing and able to sell at various prices.