_______________________ Is NOT One of the Guidelines for Viral Marketing

question 74

Multiple Choice

_______________________ is NOT one of the guidelines for viral marketing success.

• A) Define broad goals
• B) Target a younger demographic
• C) Focus on a narrow goal
• D) Connect people to an experience
• E) Give people a reason to come back

---

Definitions:

Elastic

Describes a market condition where the quantity demanded or supplied of a good or service is sensitive to changes in its price.

Inelastic

Describes a situation in economics where the demand or supply for a good or service is not significantly altered when the price changes.

Inelastic Demand

A situation where the demand for a product does not change significantly when its price changes.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, holding all other factors constant.