Stand-Alone PCs Were First Introduced in the ________

question 68

Multiple Choice

Stand-alone PCs were first introduced in the ________.

• A) 1930s
• B) 1950s
• C) 1970s
• D) 1990s

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Definitions:

Rival Consumption

A situation where one person's consumption of a good reduces the ability of another person to consume the same good.

Nonexcludable

A characteristic of a good or service indicating that it is not possible to prevent non-paying customers from accessing it.

Excludable

A property of a good whereby it is possible to prevent individuals from enjoying the good unless they pay for it.

Public Good

A good or service offered to every member of a society for free, provided by either governmental bodies or private entities or individuals, without seeking to make a profit.