According to the Article, a New Stage Not Previously Identified

question 27

Multiple Choice

According to the article, a new stage not previously identified was conceptualized and called a ______, where donations, political action, and civil action are promoted and enforced via cyberspace.

• A) "demand for change"
• B) "call for action"
• C) "shift toward movement"
• D) none of these

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Definitions:

Marginal Utility

The incremental benefit or satisfaction a buyer obtains from the consumption of one more unit of a good or service.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Comparative Advantage

A situation in which a person or country can produce a specific product at a lower opportunity cost than some other person or country; the basis for specialization and trade.

Utility-Maximizing

The economic principle that individuals or firms seek to get the greatest satisfaction or profit from their resource choices.