In Evaluating a Web Site, One of the Key Measures

question 106

True/False

In evaluating a Web site, one of the key measures is its "stickiness," which refers to the length of time visitors remain at the site.

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Definitions:

Elastic Portion

The elastic portion of a demand or supply curve represents the range where the quantity demanded or supplied responds significantly to changes in price.

Revenue Curves

Graphical representations showing the relationship between different levels of output or sales and the total revenue earned by a company.

Inelastic

Describing demand or supply that is relatively unresponsive to changes in price, meaning the quantity demanded or supplied changes by a smaller percentage than the change in price.

Output Level

The quantity of goods or services produced by a business or economy during a specific period.