Network or Internet Neutrality Refers To

question 33

Multiple Choice

Network or Internet neutrality refers to:

• A)the FCC's inability to regulate the Internet
• B)objectivity of Internet news sources
• C)the FCC's recommendation that ISPs not favor one Web company over another
• D)proposed regulation of blogs
• E)the impact of wireless devices on the Internet

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Definitions:

Long-Run Equilibrium

A state in which all firms in a market are earning normal profits, and there is no incentive for firms to enter or exit the market.

Marginal Cost

Marginal cost is the additional cost incurred by producing one additional unit of a good or service.

Celebrity Spokesperson

A famous individual who is paid to use their fame to help promote a product or service.

Monopolistic Competitors

Companies that have many competitors but try to differentiate their products from others to gain a competitive edge.