The number of US households with access to the Internet and those with broadband connections is growing rapidly. As an economic naturalist, one could predict that when a major purchase is being considered, families will:

Question

Quizplus · Accepted Answer

With increased access to the Internet and broadband connections, the cost of finding and acquiring information is lower. Therefore, families are more likely to collect more information before making a major purchase, resulting in a higher likelihood of researching the product online before making a decision.

The Number of US Households with Access to the Internet