Which of the Following Entails Having the Knowledge and Understanding

question 200

Multiple Choice

Which of the following entails having the knowledge and understanding of computers, mobile devices, the Internet, and related technologies?

• A)digital literacy
• B)digital intimacy
• C)digital legitimacy
• D)digital intelligence

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Definitions:

Federal Trade Commission

A U.S. federal agency established in 1914 to promote consumer protection and the elimination and prevention of anticompetitive business practices.

Legal Cartel Theory

A concept where a group of firms or entities legally agree to control production, pricing, or marketing of goods and services to dominate a market.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, indicative of cost per unit.

Price-fixing

An illegal agreement among competitors to set prices at a certain level, rather than letting them be determined naturally by the market.