Computer Technology Has Involved the Creation of New Types Ofentities

question 15

True/False

Computer technology has involved the creation of new types ofentities for which no agreed ethical rules have previously been formed.

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Definitions:

Market Demand Schedule

A table showing the quantities of a particular good or service that consumers will purchase at various prices over a specified period.

Equilibrium Price

The pricing point in the market where the amount of goods being sold matches the amount being sought.

Equilibrium Quantity

The level of goods or services available and needed at the price of equilibrium.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers.