At Home, Which of the Following Spends Time on the Computer

question 139

Multiple Choice

At home, which of the following spends time on the computer for different reasons?

• A) home player
• B) home user
• C) home manager
• D) home surfer

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Definitions:

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.

Utility

The satisfaction or benefit derived from consuming goods or services.