Characteristics of the Social Network Service Second Life Include All

question 50

Multiple Choice

Characteristics of the social network service Second Life include all of the following except:

• A)Residents can earn Linden dollars by providing services such as instruction in a foreign language or serving as a DJ in a virtual club.
• B)IBM,American Apparel,and other real world businesses have used the virtual world of Second Life.
• C)Second Life is simple to use and requires users to learn only a few controls to become fully functional.
• D)Using speakers and microphones,groups of people can conduct meetings in Second Life.

---

Definitions:

Economic Decisions

Choices made by individuals, businesses, or governments regarding the allocation of scarce resources to satisfy needs and desires.

Excess Burden

The loss of economic efficiency that occurs when a tax or government policy distorts consumer behavior or market outcomes, leading to a decrease in total welfare.

Tax Revenue

The financial gains obtained by governments from tax collection.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is unachievable.