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Sven Got Permission to Install Microsoft Office on One Computer

question 151

True/False

Sven got permission to install Microsoft Office on one computer. However, he ended up copying the software so he could install it on all the computers in the office. This is an example of online fraud.


Definitions:

Income Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in consumers' income.

Quantity Demanded

The amount of a good or service that consumers are willing to buy at a specific price, at a given time.

Own Price Elasticity

A measure of how the quantity demanded of a good responds to a change in the price of that good, keeping other factors constant.

Athletic Shoes

are specially designed footwear aimed at enhancing performance in sports and physical activities.

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