The Proliferation of Internet Usage Has Changed How Consumers Learn

question 94

Multiple Choice

The proliferation of Internet usage has changed how consumers learn and retain information. Research shows that:

• A) visual learning has increased.
• B) people remember more facts but less overall information.
• C) people remember few facts and less information.
• D) people have become more efficient and effective learners.

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Definitions:

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Differential Income

The difference in income between two alternatives, used in decision-making processes to determine the best option.

Alternative Use

Refers to the potential other uses or applications of an asset or resource outside its current employment.

Variable Cost

Costs that vary directly with the level of production or sales volume.