At a Local Marketing Firm, Steve Is the Lead Web

question 3

Multiple Choice

At a local marketing firm, Steve is the lead web developer and is responsible for working with customers on their web designs, development, and graphics.Which of the following would be a critical skill Steve must have to be able to perform his job?

• A)understanding that he must create a unique domain name for each client
• B)being able to work with HTML
• C)understanding of the World Wide Web and how hyperlinks work
• D)All of these are correct.

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Definitions:

Labor Market

A marketplace where wages are determined, and workers are hired and fired.

Consumer Surplus

The difference in the total cost consumers are prepared and financially able to cover for a good or service, against the total cost they actually cover.

Minimum Price

The lowest possible price at which a product or service can be sold, often set by government regulations to protect producers or consumers.

Market Equilibrium

A situation in which the supply of an item is exactly equal to its demand, leading to a stable market price.