Digital Goods Are Goods That Are

question 80

Multiple Choice

Digital goods are goods that are

• A)produced digitally.
• B)sold over digital networks.
• C)delivered digitally.
• D)used with digital equipment.
• E)created with software.

---

Definitions:

Elasticity Of Demand

A measure of how much the quantity demanded of a good responds to a change in price, indicating the sensitivity of consumers to price changes.

Markup

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Mucinex

Mucinex is a brand of over-the-counter medication used to relieve chest congestion and is not directly related to economic terms or theories.

Grainger Drill Presses

High-quality drill presses offered by Grainger, designed for precision and efficiency in drilling tasks across various materials.