The Phrase "Net Neutrality" Refers to the Fact That

question 37

Multiple Choice

The phrase "net neutrality" refers to the fact that

• A)all of the taxes that the federal government collects from electronic commerce are used for the further development of the Internet.
• B)an Internet service provider can charge a fee that covers its expenses, plus a regulated profit, but no more.
• C)as long as an online service provider does not favour one political position over another, it will not be held liable for statements that appear on its social media.
• D)the Internet should act as a set of pipes through which data flows from sender to receiver without any intervention by the pipe owners.
• E)a cryptocurrency must ensure that the amount received by an online vendor is equal to the amount paid by an online buyer.

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Definitions:

Perfectly Competitive

An alternative term for perfect competition, emphasizing a market scenario with many buyers and sellers and no barriers to entry.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one more unit of a good or service varies as production increases.

Average Variable Cost Curve

A graphical representation showing how the average variable cost changes as the quantity of output is increased.

Firm

An organization that produces goods or services for sale, operating with the aim of making a profit.