Patricia Has Started a New Interior Designing Business

question 20

Multiple Choice

Patricia has started a new interior designing business.Her top five tasks are creating designs,sharing them with her team and potential clients,making presentations for potential clients,sending and receiving payments,and carrying out marketing on social media.Which of the following sets of apps should she use?

• A) Fotor,Amazon,PowerPoint,Priceline,Chrome
• B) Canva,Dropbox,PayPal,GoogleDocs,Instagram,Facebook
• C) Google Calendar,OneDrive,Yelp,Venmo,Twitter
• D) Microsoft Word,Microsoft PowerPoint,Microsoft Excel,Facebook,Venmo

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Definitions:

Price

The sum of money needed to buy a product or service.

Utility Function

A mathematical representation expressing an individual's preference ordering over a set of goods and services, showing the level of satisfaction or utility derived from various bundles of goods.

Indifference Curves

A graph representing combinations of goods among which a consumer is indifferent, used in microeconomics to analyze consumer preferences and decision-making.

Budget Line

A visual representation showing every possible mix of two products that a consumer is able to purchase with their income, taking into account the cost of these items.