A(n)____ Consists of Several People Who Connect to the Internet

question 52

Multiple Choice

A(n) ____ consists of several people who connect to the Internet and communication in real time by typing comments to each other.

• A)Internet telephony
• B)listserv
• C)chat group
• D)blog

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Definitions:

Profit-Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profit.

Pure Monopolist

Refers to a market structure where a single firm is the sole provider of a good or service with no close substitutes, giving it significant control over prices.

Profit-Maximizing

The strategy or process that companies or individuals employ to achieve the highest possible profit from their operations, taking into account factors like production costs, market demand, and pricing strategies.

Pure Monopolist

A market participant that has complete control over the market for a particular good or service, with no close substitutes.