Network Neutrality Is the Idea That Internet Service Providers Must

question 81

Multiple Choice

Network neutrality is the idea that Internet service providers must allow customers ________.

• A)unequal access to content and applications,regardless of the source or nature of the content
• B)equal access to content and applications,regardless of the source or nature of the content
• C)equal access to content and applications,depending on the source or nature of the content
• D)unequal access to content and applications,depending on the source or nature of the content

---

Definitions:

Price-Taker Firm

A price-taker firm is a business that accepts the market price set by the forces of supply and demand, lacking sufficient power to influence the price on its own.

Maximize Profit

The process of increasing the difference between the cost of production and the revenue generated from sales to the highest possible level.

Short Run

A period during which at least one factor of production is fixed, limiting the ability to adjust to changing market conditions.

Production

The process of creating goods or services using labor, machinery, and raw materials.