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Information Itself Has No Ethics

question 12

True/False

Information itself has no ethics.It does not care how it is used.It does not stop itself from spamming customers,sharing itself if it is sensitive or personal,or revealing details to third parties.


Definitions:

Total Revenue

The complete amount of money received by a company for goods sold or services provided during a specific period.

Increasing-Cost Industry

An industry where the costs of production increase as output increases, often due to factors like resource depletion or higher input prices.

Long-Run Supply Curve

A curve showing the relationship between the price of a good and the quantity supplied over a period long enough for firms to enter or exit the market.

Perfectly Elastic

Refers to a situation in economic theory where a small change in price leads to an infinite quantity demanded or supplied.

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