____ Were Computers That Allowed Users to Connect Through Modems

question 13

Multiple Choice

____ were computers that allowed users to connect through modems (using dial-up connections through telephone lines) to read and post messages in a common area.

• A)Electronic social systems
• B)Bulletin chat systems
• C)IRC systems
• D)Bulletin board systems

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Definitions:

Subjective Values

The personal importance or worth that an individual places on a good or service, which can vary greatly between people.

Time Costs

The opportunity costs associated with the time spent on an activity instead of other, potentially more valuable, activities.

Transaction Costs

Expenses incurred in making an economic exchange, including search, bargaining, and enforcement of contracts.

Volume Of Trade

The total quantity of shares or contracts traded for a specified financial instrument or market within a specified period.