New Smartphone Applications Are Developed to Help Consumers Find the Cheapest

question 65

Multiple Choice

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

• A)the local competitive will become more intensive.
• B)the prices of goods listed in the application will be lowered.
• C)price discrimination will occur against consumers without a smartphone or this application.
• D)All of the above.

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Definitions:

Three-Fifths Clause

A provision signed into the Constitution in 1787 that three-fifths of the slave population would be counted in determining each state’s representation in the House of Representatives and its electoral votes for president.

Uncle Tom's Cabin

An anti-slavery novel by Harriet Beecher Stowe published in 1852, which played a significant role in shaping public opinion about slavery in the United States.

Autobiography

A self-written account of the author's own life, often presenting personal insights and historical events from their perspective.