An Advantage of an __________,Which Is a Piece of Software,is

question 60

Multiple Choice

An advantage of an __________,which is a piece of software,is that it that stores an online shopper's credit card numbers and other personal information so that the shopper does not have to reenter that information for every online purchase.

• A)e-phone
• B)e-card
• C)e-reader
• D)e-wallet

---

Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing an action.

Production Possibilities

The various combinations of goods and services that can be produced in an economy with a given set of resources and technology.

Absolute Advantage

A situation where a producer can produce more goods using the same amount of resources or less than other producers.

Production Possibilities

A graphical representation of the maximum number and combinations of goods and services that can be produced from a fixed set of resources.