Instant Messaging Has Which of These Features

question 65

Multiple Choice

Instant messaging has which of these features?

• A) Pushes messages so the receiver sees the message as soon as it is sent.
• B) Typically posts detailed information with graphics.
• C) Sends messages to many people at the same time.
• D) Effectively communicates emotions.
• E) Pushes messages AND sends messages to many people.

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Definitions:

Market Price

The current value at which an asset or service can be bought or sold in an open market.

Firm's Demand Curve

Depicts the relationship between the price of a good or service offered by a firm and the quantity of that good or service consumers are willing and able to purchase.

Product Differentiation

The procedure of differentiating a product or service among its market competitors to make it more appealing to an intended target market.

Purely Competitive Market

A market structure characterized by many buyers and sellers, freedom of entry and exit, and a product that is homogeneous across producers.