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Communicating with a Friend Via AIM or Facebook Chat and Feeling

question 18

Multiple Choice

Communicating with a friend via AIM or Facebook chat and feeling that you actually "talked" to her illustrates the online community characteristic of ________.


Definitions:

Market Supply Curve

A graphical representation of the quantity of goods and services that suppliers are willing and able to supply at different price levels over a given time period.

Perfectly Elastic

A situation in economics where the quantity demanded or supplied changes infinitely in response to any change in price.

Drug-Interdiction Policies

Drug-interdiction policies consist of measures and efforts made by governments or organizations to halt the illegal production, distribution, and consumption of drugs.

Price Inelastic

A characteristic of goods for which demand does not significantly change with a change in price.

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