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Multiple Choice
Which of the following terms describes an organization that connects users to the internet?
A
Opportunity Cost
B
Market Equilibrium
C
Internet Service Provider (ISP)
D
Gross Domestic Product (GDP)
Verified step by step guidance
1
Identify the key concept in the question: an organization that connects users to the internet.
Review the definitions of each term provided: Opportunity Cost, Market Equilibrium, Internet Service Provider (ISP), and Gross Domestic Product (GDP).
Understand that Opportunity Cost refers to the value of the next best alternative foregone when making a decision, which is unrelated to internet connectivity.
Recognize that Market Equilibrium is the state where supply equals demand in a market, which does not describe an organization providing internet access.
Conclude that an Internet Service Provider (ISP) is the correct term because it is the organization that provides users with access to the internet.