The EBay Website Uses Technology and the Internet for Its

question 1

Multiple Choice

The eBay website uses technology and the Internet for its virtual marketplace, employs personnel to maintain the technology, provides office space for employees, and has a founder who quit a lucrative career in another industry. Which factor of production are computers used to access the Internet?

• A) entrepreneurship
• B) human capital
• C) natural resources
• D) physical capital

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Definitions:

Implicit Prejudice

Unconscious or automatic negative evaluations or beliefs about a group or its members.

Explicit Prejudice

Openly expressed negative attitudes or beliefs toward a group or its members based on their perceived characteristics.

Group Polarization

The phenomenon where discussions within a group lead to the adoption of more extreme positions or attitudes than the initial inclinations of its members.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.