Ebusiness Was Characterized by a Few Companies or Users Posting

question 91

Multiple Choice

Ebusiness was characterized by a few companies or users posting content for the masses.What characterizes Business 2.0?

• A) A select few posting content for high-level executives only.
• B) The masses posting content for a select few.
• C) The masses posting content for the masses.
• D) A select few posting specific content for the masses.

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Definitions:

Under Production

A situation where less is produced than could be achieved with the available resources, often leading to inefficiencies and unmet demand.

Consumer Surplus

The gap between the price consumers are prepared to pay for a product or service and the actual amount they spend on it.

Market Price

The market rate for buying or selling an asset or service in a public trading environment.

Producer Surplus

The gap between the minimum amount sellers are prepared to accept for a product or service and the actual payment they get.