Online File-Sharing Websites Depend on the Idea of

question 52

Multiple Choice

Online file-sharing websites depend on the idea of

• A) reciprocal altruism.
• B) kin selection.
• C) audience inhibition.
• D) the arousal: cost-reward model.

---

Definitions:

Equilibrium Wage

The wage rate at which the quantity of labor supplied equals the quantity of labor demanded, resulting in a stable employment situation without surpluses or shortages.

Efficiency Wage

is the concept that paying workers a higher wage than the market equilibrium can lead to higher productivity and efficiency, incentivizing better performance and loyalty.

Similar Job

Pertains to a job that has duties, skills, and responsibilities closely matching those of another job, often within the same industry or field.

Adverse Selection

A situation where asymmetric information results in high-risk individuals being more likely to participate in an agreement than low-risk individuals, typically in insurance markets.