Which of the Following Statements Is True Regarding the Internet

question 51

Multiple Choice

Which of the following statements is true regarding the Internet?

• A) The Internet increases the economically optimal size for firms.
• B) The Internet increases the transaction costs.
• C) The Internet allows for innovative services but at a relatively higher cost.
• D) Due to the Internet, smaller firms in emerging economies can now sell into a global market.
• E) The Internet slows down the process of economic growth.

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Definitions:

Heinz Dilemma

A moral dilemma used in psychological studies to explore moral reasoning, where a person must decide whether to steal a drug to save a spouse's life.

Moral Development

The process of acquiring and understanding the difference between right and wrong, and applying this understanding in one's behavior.

Society's Rules

A set of guidelines, norms, and standards established by a community or society to regulate behavior and maintain order.

Reinforcement

A process in behavioral psychology that involves increasing the probability of a behavior by following it with a positive or negative stimulus.