What Is Simplelocker

question 95

Multiple Choice

What is Simplelocker?

• A) A form of malicious software that infects your computer and asks for money
• B) A new ransomware program that encrypts your personal files and demands payment for the file's decryption keys
• C) Software that allows Internet advertisers to display advertisements without the consent of the computer user
• D) A special class of adware that collects data about the user and transmits it over the Internet without the user's knowledge or permission

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Definitions:

Consumer Surplus

The difference between the aggregate willingness to pay by consumers for a good or service and the aggregate actual payment.

Deadweight Loss

An economic inefficiency caused by a disruption in market equilibrium, leading to a loss of societal welfare.

Consumer Surplus

The disparity between the ideal total expenditure consumers are willing to make on a good or service and the real expenditure.

Producer Surplus

The distinction in financial terms between what producers expect to receive for a product or service and the actual revenue attained.