Facebook Was Cited by Adweek as One of the Best

question 65

Multiple Choice

Facebook was cited by Adweek as one of the Best Performers in 2007.Facebook was recognized for:

• A)translation of print to web
• B)editorial depth
• C)millions of viewers spending over an hour per month on the site
• D)combining the best of TV and online
• E)being a place where people can discover needed information

---

Definitions:

Price Floor

A government-imposed limit on how low a price can be charged for a product or service.

Price Floors

A government- or authority-imposed minimum price that can be charged for a commodity, which is typically set above the equilibrium price to protect producers.

Consumer Surplus

The gap between what consumers are prepared to pay for a product or service, and what they end up spending.

Producer Surplus

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