In Our Continuous Quest to Market Technological Solutions to Human

question 71

Short Answer

In our continuous quest to market technological solutions to human problems,much has been made of the computer's potential for connecting human beings._____% of families with children have Internet access.

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Definitions:

Elastic

A characteristic of a good or service that indicates a high sensitivity of quantity demanded or supplied to changes in its price.

Normal Goods

Goods for which demand increases as the income of the consumer increases and falls when the income of the consumer decreases, all else being equal.

Incomes

Funds earned, frequently in a regular pattern, whether from occupational activities or investments.

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices during a specific time period.