Which of the Following Is an Important Benefit of the Internet

question 110

Multiple Choice

Which of the following is an important benefit of the Internet to businesses?

• A)higher costs for consumers
• B)easier to keep a business local and protected from international competition
• C)lower costs of opening a business online
• D)less competitive market
• E)easy transition from brick-and-mortar business to online business

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Definitions:

Savings

The portion of disposable income not spent on current consumption but set aside for future use, often in a deposit account or as investments.

Investment

The action or process of allocating resources, usually money, with the expectation of generating an income or profit.

Aggregate Demand

The total demand for goods and services within an economy at a given overall price level and in a given time period.

Conclusions

The summary of findings or the final arguments presented after an analysis or discussion.