Which of the Following Is an Example of Crowdsourcing

question 83

Multiple Choice

Which of the following is an example of crowdsourcing?

• A)An advertising agency contracts a group of bloggers to write and publish articles about their client's products.
• B)Electrogadgets.com, a site that provides information on a range of electronic gadgets, encourages members to publish their reviews and user guides.
• C)A publisher pays famous writers to provide short reviews of each other's newly published books for his e-magazine.
• D)An online financial services organization hires finance students as freelance workers to do routine tasks and write reports.

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Definitions:

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit.

Average Variable Cost

The variable cost per unit of output, calculated by dividing total variable costs by the quantity of output.

Marginal Cost

The price of fabricating another unit of a good or service.

Marginal Revenue

The additional income produced through the sale of one more unit of a product or service.