Which of the Following Technologies Enable Consumers to Gain Easy

question 53

Multiple Choice

Which of the following technologies enable consumers to gain easy access to all types of product-related information and thus facilitate consumer search?

• A) Morse codes
• B) Wabun codes
• C) Baudot codes
• D) Quick response codes
• E) ASCII codes

---

Definitions:

Budget Constraint

The limitations on the household's or entity's ability to purchase goods and services, based on their income and prices.

Good X

A placeholder term often used in economics to represent a generic good or product in theoretical models.

Good Y

An alternative characterization of a product or commodity that satisfies consumer needs or desires, often used in comparative analyses.

Budget Constraint

The limitations on household expenditures, based on the combination of income, prices, and available goods or services.