A Manager of an Electronics Store Would Like to Investigate

question 18

True/False

A manager of an electronics store would like to investigate the impact that price has on the demand for laptop computers. Each week, the price of a Dell laptop is adjusted and the demand for each week is recorded. This is an example of an experiment being used to collect data.

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Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, driven by international trade, investment, and facilitated by information technology.

Social Media

Digital platforms and websites that enable users to create, share content or participate in social networking.

Digital Natives

Individuals born or brought up during the age of digital technology, therefore are familiar with computers and the internet from an early age.

Generation Z

The demographic cohort following Generation Y (Millennials), typically defined as those born from the mid-1990s to the early 2010s, known for being digital natives.