YouTube Removes Videos That Are Posted by Users Without Permission

question 45

True/False

YouTube removes videos that are posted by users without permission of the copyright owners.

Analyze the impact of technological advances on market outcomes.

Comprehend the law of supply and the law of demand.

Identify the consequences of changes in factors other than the good's own price on supply and demand.

Understand how changes in the price of complementary and substitute goods affect demand.

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that facilitate fast and efficient decision-making, although not always leading to the perfect solution.

Elimination By Aspects

A decision-making approach in which alternatives are evaluated against criteria that have been ranked according to importance.

Additive Strategy

A problem-solving technique that involves systematically adding all possible elements together to find a solution.

Representativeness Heuristic

A cognitive shortcut that involves judging the probability of an event by how much it resembles what we consider to be a typical example of that event.