What Is the Digital Divide

question 195

Multiple Choice

What is the digital divide?

• A)A worldwide gap giving advantage to those with access to technology
• B)A data interruption in the Internet connection
• C)A deficiency in school-aged children with computer knowledge
• D)A divide between the economies of third world countries

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Definitions:

Non-discriminating Monopolist

A monopolist who charges a single price for its product to all consumers, regardless of market segment differences.

Marginal Revenue

It refers to the additional income earned from selling one more unit of a product or service.

Inelastic Portion

The segment of a demand curve where buyers are less responsive to changes in price, indicating that the quantity demanded changes little with a significant price fluctuation.

Marginal Revenue

The additional earnings obtained from the sale of one extra unit of a product or service.