Which of the Following Correctly Describes the Practices Which Protect

question 51

Multiple Choice

Which of the following correctly describes the practices which protect customer privacy?

• A)In the United States,Americans rely upon federal government to protect consumer privacy.
• B)Current legislation in the U.S.for consumer privacy forces strict protection of consumer privacy in retailing.
• C)The United States have more stringent consumer privacy laws than the European Union.
• D)In the EU,the opt-out policy is applied when consumers' personal information is collected and used.
• E)In the U.S. ,personal information is generally viewed as being in the public domain,and retailers can use it in any way they desire.

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Definitions:

Price Elasticity of Demand

A measure of how responsive the quantity demanded of a good is to a change in its price, often used to gauge the relative change in demand as a result of price fluctuations.

Soccer Balls

Spherical balls designed and used specifically for the sport of soccer.

Quantity Demanded

The aggregate quantity of a product or service that buyers are ready and capable of buying at a specific price point.

Price Elasticity of Demand

A gauge for determining how changes in price impact the amount of a good that is demanded.