Approximately How Many Internet Users Are There

question 27

Multiple Choice

Approximately how many Internet users are there?

• A) 300 million
• B) 1 billion
• C) 2 billion
• D) 6 billion

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Definitions:

Quantity Demanded

The complete volume of a good or service that individuals intend to acquire at a predetermined price within a set period.

Shortage

A situation in which the demand for a good or service exceeds its supply in a market.

Surplus

An excess of income or assets over expenditure or liabilities in a given period, indicating financial health.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, typically used to control costs for essential items like food and rent.