In Studies of Online Shoppers,it Was Found That with Regard

question 10

Multiple Choice

In studies of online shoppers,it was found that with regard to the ages of shoppers:

• A) The largest percentage of online shoppers are between 31 and 45.
• B) The overwhelming majority are over 65.
• C) The highest proportion of shoppers is between 18 and 30.
• D) Almost 90 percent were under 21.
• E) About 20% are over 50.

---

Definitions:

Social Cost

The total cost to society, including both private costs borne by producers and external costs borne by others outside the production process.

Carbon Fee

A charge imposed on the carbon content of fossil fuels, aimed at reducing carbon dioxide emissions.

Coase Theorem

An economic theory proposing that if trade in an externality is possible and there are no transaction costs, parties can negotiate solutions to conflicts that lead to an efficient outcome regardless of the initial allocation of property rights.

Pollution Tax

A tax levied on the amount of pollution emitted by firms to incentivize reduction in environmental harm.