Examlex

Solved

Information Is a Product That Has Virtually No Marginal Cost

question 15

True/False

Information is a product that has virtually no marginal cost of distribution.


Definitions:

Surplus

An excess amount of a commodity, product, or resource beyond what is needed or utilized.

Substitute Product

An alternative product that serves the same purpose or meets the same need as another.

Apple Juice

A beverage made by pressing and extracting the liquid from apples.

Orange Juice

A beverage made by extracting the liquid from oranges, often consumed for its nutritional value and taste.

Related Questions