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With Respect to Online Privacy,list the Widely Accepted Fair Information

question 19

Essay

With respect to online privacy,list the widely accepted fair information practice principles outlined by the U.S.Federal Trade Commission which must be followed by businesses operating online.


Definitions:

User Cost

The opportunity cost of using a durable good or natural resource, factoring in depreciation and the forgone interest that could have been earned if the money was invested elsewhere.

Total Cost Curves

A graphical representation showing how the total cost of production changes with the level of output, typically upward sloping due to rising production costs.

Extraction Cost

The expenses associated with removing natural resources from the earth, such as mining or drilling.

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