________ Help Users Gain Information from Large Amounts of Geographically

question 35

Multiple Choice

________ help users gain information from large amounts of geographically linked data.

• A)Data visualization tools
• B)GIS
• C)GDSS
• D)Location analytics tools

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Definitions:

Consumer Surplus

The contrast between how much consumers are ready to pay for a good or service versus what they actually spend.

Consumer Surplus

The gap between the intended investment consumers are willing to make in a product or service and their actual financial outlay.

Willingness to Pay

The maximum amount an individual is ready to sacrifice to acquire a good or benefit from a service.

Market Demand Curve

A graphical representation showing the relationship between the price of a good and the total amount of the good that all consumers are willing to purchase at each price level.