The Information Technology Revolution Seems to Have Had Its Greatest

question 91

Multiple Choice

The information technology revolution seems to have had its greatest positive effect on labor productivity growth in the ____ period.

• A)1948-1973
• B)1973-1995
• C)1995-2005
• D)1948-2005

---

Definitions:

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.

Profits

Profits are the financial gain obtained when total revenues generated from business activities exceed the total costs associated with those activities.

Price Discrimination

A pricing strategy where similar goods or services are sold at different prices by the same provider in different markets.

Business Travelers

Individuals who travel for work or professional purposes, often commuting to different cities or countries.