Instant Messaging Has Existed for Years,being Used Mostly by Teens

question 47

True/False

Instant messaging has existed for years,being used mostly by teens and those in informal groups.The technology has not advanced into the business world and it is unlikely that it will,given the fact that it is time consuming and not readily available.

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Definitions:

Price Increase

An upward movement in the price of a good, service, or asset, often due to factors like demand growth or supply constraints.

Long Position

Holding an asset with the expectation that it will increase in value, often contrasted with taking a short position, betting on a decline in value.

Futures Contracts

Futures contracts are standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Futures Exchanges

Marketplaces where futures contracts and options on futures contracts are traded, facilitating the buying and selling of commodities or financial instruments at a predetermined future date.