Paz Does Not Have a Computer in Her House

question 29

Multiple Choice

Paz does not have a computer in her house.She uses computers in the library to complete school assignments.However,because the computers are sometimes occupied and because the library closes early,she often has less time than her peers to do research and type her assignments.What term describes Paz's situation?

• A) the digital divide
• B) the federal poverty line
• C) the simplicity movement
• D) disenfranchisement

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Definitions:

AVC

Average Variable Cost, the total variable cost divided by the quantity of output, representing the variable cost per unit of output.

Shutdown Point

The level of output at which a company is not making enough revenue to cover its variable costs, making it economically viable to cease production temporarily.

Accounting Profits

The total revenue of a business minus the explicit costs, reported on financial statements according to standard accounting practices.

Economic Profits

The disparity between total income and combined expenses, encompassing both out-of-pocket and hidden costs.