What Theory, Developed by Joseph Walther (1995), Explains How CMC

question 54

Short Answer

What theory, developed by Joseph Walther (1995), explains how CMC and face-to-face communication are both successful in building relationships?

---

Definitions:

Low-Income Borrowers

Individuals or households with lower income who may face greater challenges or higher costs when trying to secure loans.

Economic Analysis

The systematic approach to determining the optimal use of scarce resources, involving comparison of costs and benefits.

Land Rent

The payment made for the use of land or real estate.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource or input.