What Is Web 2.0

question 84

Multiple Choice

What is Web 2.0?

• A)Social networking sites that allow users to publish and share information
• B)An advanced type of search engine that disregards most unusable data
• C)A type of Internet platform that displays information but does not have interactivity
• D)A program that allows businesses to sell merchandise on the Internet more securely
• E)A new form of web-based video communications technology

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Definitions:

Occupational Safety Laws

Regulations designed to ensure safe and healthy working conditions for employees by setting and enforcing standards.

Regulatory Requirements

Rules and regulations that entities must follow, often set by government agencies, to operate legally or to enter specific markets.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs.

Price-Taker Market

A price-taker market is one in which individual buyers and sellers have no control over the price of a product and must accept the prevailing market price.