When Did the First Online Communities Form

question 32

Multiple Choice

When did the first online communities form?

• A) the 1970s
• B) the 1980s
• C) the 1990s
• D) the 2000s

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Definitions:

Price

The monetary figure anticipated, obligated, or dispensed in transaction for a service or good.

Quantity

The amount or number of a material or immaterial good or service.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium outcome is not achievable or not achieved in a market.

Price

The cash amount projected, called for, or allocated in settlement for a product.