New Smartphone Applications Are Developed to Help Consumers Find the Cheapest

question 51

Multiple Choice

New smartphone applications are developed to help consumers find the cheapest prices in the neighborhood.As a result,

• A)firms get greater market power.
• B)consumers' search costs are greatly lowered.
• C)firms are able to charge higher prices.
• D)only smart markets become more competitive.

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Definitions:

Elevates the Ribs

Refers to the action of certain muscles, such as the intercostal muscles, which increase the volume of the thoracic cavity during inhalation.

Internal Intercostals

Muscles located between the ribs that assist with the process of respiration by decreasing the volume of the thoracic cavity during exhalation.

Superior Border

The uppermost edge or boundary of an anatomical structure.

Inferior Rib

Refers to the lower ribs in the human rib cage, possibly intended to distinguish them from upper ribs but not a standard anatomical term.