Which of the Following Countries Is Lacking an Abundance of Natural

question 38

Multiple Choice

Which of the following countries is lacking an abundance of natural resources?

• A)​Australia
• B)​Japan
• C)​Brazil
• D)​United States

Understand the functionality and importance of media sharing sites in marketing.

Grasp the concept and application of viral marketing.

Recognize the utility of advanced digital marketing tools such as QR codes, widgets, and virtual currencies.

Understand the classification of online consumers according to Forrester Research's social technographics.

---

Definitions:

Diminishing Marginal Utility

The economic principle stating that as a person consumes more of a good, the additional satisfaction gained from each additional unit of that good decreases.

Risk-Averse

A condition where an individual prefers outcomes with known probabilities over outcomes with unknown probabilities, typically avoiding higher risk.

Total Utility

The cumulative satisfaction or pleasure derived by a consumer from consuming a given amount of goods or services.

Income Fall

A decrease in the amount of money received by an individual, household, or entity, typically referring to earnings over a certain period.