When You Enter a Slide Title in the Outline Pane

question 4

Multiple Choice

When you enter a slide title in the Outline pane in Outline view, what happens when you press ENTER?

• A) The first item in a bulleted list on the slide is created.
• B) The view changes to Normal view and the insertion point appears on the slide.
• C) The slide is duplicated.
• D) A new slide is created.

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Definitions:

Stackelberg Leader

A firm in a duopoly that maximizes its profit by making the first move and setting its output level, anticipating the response of the follower firm.

Maximize Profits

The process of making the most favorable decisions to achieve the highest possible earnings after expenses.

Conjectural Variation

An expectation of how rival firms will react to a change in the quantity and price of goods a firm markets.

Demand Function

A mathematical formula that describes the relationship between the quantity demanded of a good and its various determinants such as price, income, and substitute prices.