Which of the Following Is an Effect of Information Overload

question 38

Multiple Choice

Which of the following is an effect of information overload?

• A)Less stress because of increased access to information
• B)The ability to use technology to fill communication gaps
• C)Difficulty in identifying the difference between useful and useless information
• D)Difficulty in developing essential communication skills
• E)Improved health and relationships

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Definitions:

Marginal Utility

The change in satisfaction or utility gained from consuming an additional unit of a good or service.

Utility Maximizing

The process by which individuals select the mix of goods and services that maximizes their satisfaction or utility, given their budget constraint.

Elastic Demand

A situation where the demand for a product is sensitive to price changes, showing a significant change in quantity demanded when prices fluctuate.

Market Demand Curve

Represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at different prices.