Which of the Following Best Defines a Niche Market

question 4

Multiple Choice

Which of the following best defines a niche market?

• A)Centers on some common hobby,interest,or characteristic that draws members to the site.
• B)Illustrates that most nodes in a social graph are not directly linked to one another.Instead they are indirectly connected via neighbors.
• C)Offers a relatively small number of items to buyers who tend to be loyal to these outlets.
• D)Enables anyone to participate without registration or identification.
• E)Sets forth expectations for user behavior as well as for that of the host or governing body.

---

Definitions:

Economic Policy

Strategies and actions taken by the government or regulatory bodies to influence the economy's behavior and outcomes.

Economic Growth

The escalation in the real value of goods and services an economy produces, adjusted for inflation, across a timeframe.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.

National Sales Tax

A tax levied on retail sales of goods and services at the national level, typically a percentage of the sales price.