Which of the Following Continually Conducts Surveys to Tally the Number

question 46

Multiple Choice

Which of the following continually conducts surveys to tally the number of Web sites in existence and measure the relative popularity of Internet Web server software?

• A)Netscape
• B)Microsoft
• C)Netcraft
• D)CNN

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Definitions:

Perfect Substitutes

Goods that can be used in place of each other with no loss of utility or preference by consumers.

Coke and Pepsi

Refers to a classic example of duopoly in economics, representing competition between two dominant firms in a market.

Perfect Complementarity

Refers to a situation in consumer choice theory where two goods are always consumed together in fixed proportions because one is perfectly complementary to the other.

Engel Curve

A graph showing the relationship between the income of a consumer and the amount of a good that the consumer buys, illustrating how spending on a good varies with income.