Which of the Following Industries Have Already Been Subjected to Digital

question 14

Multiple Choice

Which of the following industries have already been subjected to digital disruption?

• A)automobile,restaurants,health care
• B)airlines,newspapers,TV
• C)real estate,education,banking
• D)fashion,cinemas,fitness

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Definitions:

Moral Hazard

The situation where one party is involved in a risky event beyond their control but is protected against the risk because another party bears the cost of those risks.

Video Game Maker

A company or individual specializing in the development and publishing of video games for various platforms.

Producer Surplus

Sum over all units produced by a firm of differences between the market price of a good and the marginal cost of production.

High Quality

A characteristic of products or services that meet or exceed the expectations of consumers, often associated with durability, reliability, and excellence.