American Public University
1. Consider the nature of the trade-off between richness and reach of information. How is the trade-off defined? Give a real world example to qualify for the maximum possible credit.
The trade-off between richness and reach of information means that reaching information at the different level of richness might cost differently. If someone would like to reach information, he needs to pay for this service, and the price depends on the richness of the information requested (Nayab, 2014).
Advanced communication and information technologies have decreased the cost of reaching rich information nowadays; however, it does not mean we do ...