Sites Such as Flicker,MySpace,Facebook,and YouTube Are Collectively Referred to as

question 89

Multiple Choice

Sites such as Flicker,MySpace,Facebook,and YouTube are collectively referred to as

• A)archives.
• B)Web 1.0.
• C)Web 2.0.
• D)online learning communities.

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Definitions:

Norway

A country in Northern Europe known for its extensive coastline, fjords, and high standards of living.

Economic Profit

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, reflecting the real profitability of the business.

Loss

The result of a company or individual spending more money than they receive.

Equilibrium

An equilibrium in the market where demand equals supply, causing price stability.