With Respect to the Online Consumer's Hierarchy of Needs,identify the Most

question 38

Multiple Choice

With respect to the online consumer's hierarchy of needs,identify the most critical characteristic of a Web site.

• A) functional convenience
• B) structural firmness
• C) representational delight
• D) descriptive link text
• E) cross-platform compatibility

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Definitions:

Average Cost Curve

A graphical representation showing the average cost of production at different levels of output.

Production Function

A mathematical model describing the relation between input quantities and their respective outputs.

Marginal Products

A new definition for the additional units of output gained by employing one more unit of a specific input, keeping all other inputs constant.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain the same.