____ Is an Important Element of Creating an Effective Web

question 40

Multiple Choice

____ is an important element of creating an effective Web presence.

• A)Usability
• B)Cannibalization
• C)Mass media
• D)Disintermediation

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Definitions:

Excess Demand

Occurs when the quantity demanded of a product significantly exceeds its quantity supplied, often leading to a shortage.

Equilibrium Price

The price at which the quantity of a good or service supplied matches the quantity demanded, resulting in market stability.

Output

The total amount of goods or services produced by a business, industry, or economy.

Economic Efficiency

A situation where resources are utilized in the most optimal manner, producing the desired output with minimum waste or expense.