These Internet Groups Provide a Location Where Individuals Can Meet

question 48

Multiple Choice

These Internet groups provide a location where individuals can meet and carry on live conversations electronically:

• A)news groups
• B)commercial bulletin boards
• C)chat rooms
• D)3-D rooms

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Definitions:

Agreements

Arrangements or contracts between parties defining their rights, responsibilities, and relationships.

Kinked-Demand

A demand curve hypothesis in oligopolistic markets that explains why firms may not change their prices even when costs change, due to competitive reactions.

Oligopolist

A firm or business that is part of a market structure where a few companies dominate the industry, often leading to limited competition.