Which of the Following Statements Is True of an ISP

question 32

Multiple Choice

Which of the following statements is true of an ISP?

• A) It separates the phone signals from computer signals on a DSL at every user's location.
• B) It facilitates a one-way information transfer process between the user's computer and the Internet.
• C) It provides free access to the Internet.
• D) It serves as a user's gateway to the Internet.

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Definitions:

Network Effects

The phenomenon where the value or utility of a product or service increases as more people use it, often seen in digital and social media platforms.

Consumer Surplus

The difference between the highest price a consumer is willing to pay and the actual market price they pay.

Monopoly

A market structure characterized by a single seller or producer dominating the entire market, with no close substitutes available.

Network Externalities

The effect that the number of users of a product or service has on the value of that product to others, often leading to increased utility as more people use it.