Instant Messaging Is a Type of Communications Service That Enables

question 135

True/False

Instant messaging is a type of communications service that enables someone to create a kind of private chat room with another individual in order to communicate in real-time over the Internet.

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Definitions:

Nonprice Rationing

Allocating goods or services using means other than prices, such as waiting times or ration coupons, often used when there is a shortage or when market prices are not effective.

Queuing

The process of lining up or waiting in a line, often analyzed in operations to improve service efficiency.

Government

The organization that is the governing authority of a political unit, the ruling power in a political society, and the apparatus through which a governing body functions and exercises authority.

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from market conditions that could make commodities unaffordable.