Which of the Following Is an Example of Cost-Space Convergence

question 58

Multiple Choice

Which of the following is an example of cost-space convergence?

• A) Jules Verne wrote a book entitled "Around the World in 80 Days," in the late 1800s; today Landsat satellites can orbit the earth once in only 99 minutes.
• B) Travel from Edinburgh to London dropped from 2,000 minutes by stagecoach to 800 minutes by steam locomotive.
• C) The number of people traveling by air increased dramatically after deregulation resulted in lower airfares.
• D) A proposed bullet train in California, which will average over 200 miles per hour, will travel from Los Angeles to San Francisco in just over two hours, beating the 5 hours it currently takes to drive.
• E) all of the above

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Definitions:

Concealment

Concealment involves hiding or withholding information that should otherwise be disclosed, often with the intent to defraud or deceive.

Negligent Misrepresentation

A false statement made carelessly that induces someone to act to their detriment, creating legal liability.

Sales Puffery

Exaggerated or boastful statements about a product or service that are not meant to be taken literally and are thus not legally binding promises or warranties.

Justifiably Relied

A principle where a party's action or decision is based on another's representations or promises, perceived as reasonable.