What Is the Difference Between a Wiki and a Blog

question 135

Multiple Choice

What is the difference between a wiki and a blog?

• A) A wiki is free and a blog has a subscription fee.
• B) A wiki user can alter the original content of an article, where a blog user can only add information as a comment.
• C) A wiki is original content, where a blog is used sources.
• D) All of these.

Distinguish between total utility and marginal utility and their respective roles in consumer decision-making.

Explain the law of diminishing marginal utility and its connection to the demand curve.

Identify the conditions under which a consumer maximizes utility given budget constraints and indifference curve analysis.

Illustrate the assumptions underlying the theory of consumer behavior.

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Definitions:

Rapport

A positive relationship marked by mutual understanding and emotional affinity between individuals.

Genuineness

The quality of being authentic, sincere, and honest in one's interactions and behavior.

Intellectualize

To intellectualize is to approach or analyze a situation or emotion in an overly rational manner, often as a defense mechanism to avoid confronting the underlying emotional aspects.

Rationalize

The process of attempting to logically justify behavior or attitudes that might otherwise be unacceptable or irrational.