____________ Is When Steps Are Added to the Value Chain

question 97

Multiple Choice

____________ is when steps are added to the value chain as new players find ways to add value to the business process.

• A)Cybermediation
• B)Disintermediation
• C)Intermediation
• D)Reintermediation

Distinguish between different content categories based on functional orientation, topic breadth, and topic temporality.

Understand the concept of evergreen content and its significance.

Identify the significant on-site indicators and their impact on search engine indexing.

Comprehend the concept and effectiveness of a call to action in marketing messages.

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Definitions:

MRS

The Marginal Rate of Substitution is the rate at which a consumer is willing to exchange units of one good for units of another good while maintaining the same level of utility.

Marginal Utility

Marginal utility is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Utility Maximization

A theory in economics that suggests consumers will allocate their resources to maximize their utility or satisfaction given their income and the prices of goods and services.

Consumption Good

A good that is utilized by consumers to satisfy their current wants or needs.