On Line Matchmaking Services Specializing in People Who Share Very

question 79

Multiple Choice

on line matchmaking services specializing in people who share very specific characteristics typically charge higher prices than do general on line dating services.One likely reason might be that

• A)they generally have more attractive web sites.
• B)their operating costs are higher.
• C)their owners are more interested in making a profit.
• D)the opportunity costs of finding matches for very specific characteristics are higher.

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Definitions:

Lbs. Of Tea

This is not a key term in the context of economics or business; it refers to pounds of tea, a unit of measure for weight.

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than its competitors, underlining the benefits of specialized production and trade.

Opportunity Cost

The relinquishment of possible rewards from other opportunities when one is selected.

Opportunity Cost

Refers to the benefits one foregoes by choosing one option over another, highlighting the trade-offs inherent in decision-making processes.