In Order for Collective Intelligence (CI)to Happen,four Features Are Needed

question 59

Multiple Choice

In order for collective intelligence (CI) to happen,four features are needed.Which of the following is not one of those features?

• A) acting locally
• B) openness
• C) peering
• D) sharing

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Definitions:

Cournot Reaction Function

A mathematical representation in economics that shows how one firm reacts to the quantity choice of another firm in a duopoly market setting.

Inverse Demand Function

Represents the relationship between the price of a good and the quantity demanded, showing how price must adjust to maintain equilibrium between supply and demand.

Marginal Costs

The expenditure involved in manufacturing one more unit of a product or service.

Major League Baseball

A professional baseball organization that is the oldest of the four major professional sports leagues in the United States and Canada.