Smartphones Will Be Adding __________ So You Can Point the Smartphone's

question 4

Multiple Choice

Smartphones will be adding __________ so you can point the smartphone's camera and receive an overlay of information.

• A) augmented reality
• B) harmonized projection
• C) skimmed efficiency
• D) multiple access

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Definitions:

Information About Quality

Knowledge or data regarding the characteristics or attributes of a product or service that determine its overall value to a consumer.

Product-Variety Externality

External benefits or costs to society resulting from a variety of products beyond what would be provided by market forces alone.

Business-Stealing Externality

A negative externality that occurs when new products or services enter a market, reducing the sales and profitability of existing products or services.

Spillover Costs

Costs that affect parties who are not directly involved in a transaction or economic activity.