New Smartphone Applications Are Developed to Help Consumers Find the Cheapest

question 65

Multiple Choice

New smartphone applications are developed to help consumers find the cheapest prices in the neighborhood.Therefore,

• A)the local competitive will become more intensive.
• B)the prices of goods listed in the application will be lowered.
• C)price discrimination will occur against consumers without a smartphone or this application.
• D)All of the above.

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Definitions:

Somatic Nervous System

The part of the peripheral nervous system that controls voluntary movements of the body and transmits sensory information to the central nervous system.

Corpus Callosum

The large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.

Cortex

The outer layer of the cerebrum of the brain, involved in complex brain functions including memory, attention, perceptual awareness, thought, language, and consciousness.

Cerebrum

The largest part of the brain, responsible for higher brain functions such as thought, action, reasoning, and sensory perception.