Which of the Following Statements Is True About the Demographic

question 63

Multiple Choice

Which of the following statements is true about the demographic variations among Internet users?

• A) The number of women using the Internet is higher than men.
• B) Asian Americans are the most connected group in the United States.
• C) The higher the family income the lesser the likelihood of Internet users in the family.
• D) Students in college are less likely to be Internet users than students in high schools.
• E) Americans aged 65 and older do not use the Internet at all.

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Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that consumers are willing to purchase at various prices.

Incumbent Firm

An established company that holds a dominant position in a particular market or industry.

New Firms

New firms are companies that have recently entered a market, bringing fresh competition and innovation to the industry.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.