The Internet Has Made It Possible to Compare Lots of Prices

question 75

Multiple Choice

the Internet has made it possible to compare lots of prices without incurring a lot of cost.If internet access is unequally distributed throughout the population one would expect

• A) consumers with internet access to pay a higher price.
• B) consumers without internet access to pay a lower price.
• C) price discrimination against consumers without internet access.
• D) firms to charge the same price to all consumers.

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Definitions:

Emotional Reaction

The affective response an individual exhibits in reaction to an external or internal stimulus.

Punishment

A consequence designed to reduce or eliminate undesirable behavior by presenting an adverse outcome following that behavior.

Organizational Behaviour

The study of how individuals and groups interact within organizational settings, focusing on aspects like leadership, culture, performance, and motivation.

Learned Behaviour

Actions or reactions developed as a result of experiences or training, rather than being innate.