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Social Networking May Lead to _____, Which Happens When There

question 15

Multiple Choice

Social networking may lead to _____, which happens when there are too many people available to meet and evaluate as potential life partners.


Definitions:

Price Floor

A government or group-imposed price control or limit on how low a price can be charged for a product, above the equilibrium price.

Consumer Surplus

The discrepancy between the total price consumers are willing to pay for a service or good versus what they actually spend on it.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service compared to what they actually pay.

Consumer Surplus

The difference between the total amount that consumers are willing to pay and the total amount they actually pay.

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