It Is Not Uncommon for People to Buy All the Components

question 154

Multiple Choice

It is not uncommon for people to buy all the components for a computer and assemble them rather than purchase a fully assembled computer.What does this behavior demonstrate?

• A)computers are easy to assemble
• B)people are irrational
• C)many people have the knowledge necessary to assemble computers
• D)the total price of the computer components is less than the price of the computer
• E)the total price of all the computer components plus the value of the person's time is less than the price of the computer

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Definitions:

Occurrences

Instances or events of something happening or being present.

Characteristics

Distinctive qualities or features that identify and differentiate individuals, groups, or things.

Descriptive Statistics

Statistical methods that summarize or describe the main features of a dataset, including measures like mean, median, mode, and standard deviation.

Disciplines

Fields of study or branches of knowledge focusing on specific academic or professional topics.