Suppose You Camped Out in Front of an Electronics Store

question 24

Multiple Choice

Suppose you camped out in front of an electronics store to be one of the 200 lucky people able to purchase the latest gaming system. You bought the system for $350. Two weeks later you see that the same system can be sold on e-Bay for $600, so you sell your system. Your market role is as:

• A)a consumer in both of these markets.
• B)a consumer at the electronics store and as a seller on e-Bay.
• C)a consumer at the electronics store; the e-Bay transaction did not occur in a market.
• D)a seller in both of these markets.

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Definitions:

High School

A secondary school that typically comprises grades 9 through 12, or something equivalent, serving students approximately 14 to 18 years old.

Digital Age

The current era characterized by the widespread use of digital technology and the internet in society and everyday life.

Internet Addiction

A psychological disorder characterized by excessive or poorly controlled preoccupations, urges, or behaviors concerning Internet use leading to distress or impairment.

Academic Performance

The measurement of a student's progress and achievements in their educational pursuits, often evaluated through grades and assessments.