Facebook's Charging for User Actions That Generate More Sales for Advertisers

question 129

Multiple Choice

Facebook's charging for user actions that generate more sales for advertisers demonstrates

• A) the influence of social network users in the marketplace.
• B) the monopoly of Facebook over the marketplace.
• C) the increasing effectiveness of advertising on social networking sites.
• D) the convergence of social networking sites with each other.
• E) the ethically questionable mode of Facebook charging advertisers for using their site.

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Definitions:

Opportunity Costs

Opportunity Costs represent the benefits a person or society foregoes by choosing one option over another, essentially the cost of what is given up to pursue a particular course of action.

Annual Maintenance

Regularly scheduled upkeep or repairs conducted yearly to ensure the optimal functioning and longevity of equipment, facilities, or systems.

Nightly Room Rates

The cost per night for staying in a hotel room, which can vary based on location, hotel classification, time of year, and amenities offered.

Fallacy of Composition

The logical error of assuming that what is true for a part is necessarily true for the whole.