Private Information Is a Situation in Which

question 18

Multiple Choice

Private information is a situation in which

• A) two parties to an exchange have information that is available to outsiders if they ask.
• B) one party to an exchange has information that is not available to the other.
• C) the marginal cost of a person's obtaining additional information is zero.
• D) the marginal cost of making information available to one more person is zero.

---

Definitions:

Host Server

A computer or system that provides resources, data, services, or programs to other computers, known as clients, over a network.

Hosting Company

A service provider that offers web hosting and related services, allowing individuals and organizations to make their website accessible on the internet.

Internal Network

A private network within an organization designed to facilitate communication and resource sharing among its devices and users.

Intranet

A private network set up by a business or an organization that’s used exclusively by a select group of employees, customers, suppliers, volunteers, or supporters.