Questions and Answers
What is one of the defining characteristics of the information industry according to the text?
A lack of a clear rationale regarding the pricing of online information resources
What is a major problem in information services’ pricing according to the text?
The nebulous nature of information value and its changes over time and context
How do vendors base pricing decisions according to the text?
By observing the searching behaviour of users
What have vendors quickly learned about searcher behavior according to the text?
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What complicates the problem of information value according to the text?
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