Which of the Following Statements Is True About the Internet

question 15

Multiple Choice

Which of the following statements is true about the Internet?

• A)Internet is interactive.
• B)Internet allows for a one-way flow.
• C)The increase in low speed internet connections has led users to spend more time online.
• D)Internet is a unidirectional medium.
• E)Internet allows consumer to control the messages but does not allow them to provide their own content.

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good compared to what they actually receive, essentially measuring the benefit to producers from selling at the market price.

Consumer Surplus

The gap between the amount consumers are ready to spend on a good or service and the amount they end up paying.

Polluting Activity

Any activity by individuals, companies, or organizations that introduces contaminants into the environment, causing pollution and harm to ecosystems.

Corrective Taxes

Taxes designed to influence market outcomes by correcting for the effects of externalities, encouraging or discouraging certain behaviors.