Josie Is Scrolling Through Her Social Media Newsfeed When She

question 751

Multiple Choice

Josie is scrolling through her social media newsfeed when she sees a photo of her that a friend posted.The photo is embarrassing and was taken without Josie's knowledge when she was staying at the friend's house.Josie requests the photo be taken down.Josie is managing her own ___________.

• A) public domain
• B) digital footprint
• C) data breach
• D) netiquette

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Definitions:

Consumer Surplus

The variance between the total price consumers are ready and able to fork over for a good or service and the sum they ultimately pay.

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.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually do pay.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, indicating the economic benefit to consumers.