When Asked How Old She Is,Ashley Cryptically Answers,"I Was Born

question 34

Multiple Choice

When asked how old she is,Ashley cryptically answers,"I was born the same year as the World Wide Web - how old does that make me?" What year would you need to know to calculate Ashley's age?

• A) 1977
• B) 1979
• C) 1987
• D) 1989

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Definitions:

Facebook

A social networking platform that allows users to create profiles, share photos and videos, send messages, and keep in touch with friends, family, and colleagues.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods or services.

Price Elasticity

The measure of how the quantity demanded of a good or service changes in response to a change in its price.

Demand

The desire and ability of consumers to purchase goods or services at a given price.