Match the IM Program with Its Description

question 14

Multiple Choice

Match the IM program with its description.
-Google Talk

• A)A free, Web-based proprietary program
• B)Logs all conversations by default in a dat file
• C)Installed by default on most Windows systems
• D)Chats are saved in the Personal Filing Cabinet

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Definitions:

Equilibrium Quantity

The amount of products or services available and sought after at the balance price within a marketplace.

Opportunity Cost

Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.

Consumer Surplus

The separation between the total amount consumers are equipped and willing to pay for a good or service and what is effectively paid.

Total Surplus

The sum of consumer and producer surplus, reflecting the total benefit to society from the production and consumption of goods and services.