The 'For Whom' Question Is Concerned With

question 51

Multiple Choice

The 'for whom' question is concerned with:

• A) the combination of goods and services used in production
• B) who demands what goods and services
• C) the distribution of income
• D) who produces what goods and services

---

Definitions:

Concession Items

Products or goods sold in specific venues, such as stadiums or theaters, often including snacks, beverages, and souvenirs.

Network Effects

The phenomenon where the value or utility of a product or service increases as more people use it.

Google and Facebook

Leading technology companies known for their vast internet influence in search (Google) and social networking (Facebook).

Internet Markets

Markets that operate online, enabling buyers and sellers to transact over the internet, which often leads to reduced costs and wider geographical reach.