Stella Is Writing a Report on How the Internet Has

question 8

Multiple Choice

Stella is writing a report on how the Internet has changed the way we conduct business, learn, and live. Stella learns that ____ programs help teachers deliver online courses.

• A) robotic design
• B) public service
• C) electronic government
• D) learning management system

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Definitions:

Output

The total amount of goods and services produced by an economic system over a specific period.

Price

The sum of money needed to buy a product, service, or property.

Demand Curve

The demand curve is a graphical representation showing the relationship between the quantity of a good consumers are willing and able to purchase and its price.

Marginal Revenue

The additional income that is generated by selling one more unit of a good or service.