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Facebook, LinkedIn, and Ning Are Examples of Social Network Sites

question 38

True/False

Facebook, LinkedIn, and Ning are examples of social network sites.


Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, with a typical downward slope from left to right.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a market.

Price

The financial sum required for the procurement of a good, service, or capital.

Complements

Products or services that are often used together, such that the demand for one increases the demand for the other.

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