A Mashup Is a Website or Web Application That Uses

question 23

True/False

A mashup is a website or Web application that uses content from more than one source to create a completely new product or service.

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Definitions:

Profit-maximizing Output

The level of production at which a company achieves the highest possible profit.

Marginal Cost

The rise in overall expenses resulting from the production of an additional unit.

Marginal Revenue

The additional income from selling one more unit of a good; it is the change in total revenue from an additional unit sold.

Competitive Price-searcher

A market participant that actively seeks out and compares prices in order to find and exploit competitive price advantages.