Dell Computers Decides to Produce PCs and Sell Them Directly

question 390

Multiple Choice

Dell Computers decides to produce PCs and sell them directly over the Internet and via Best Buy. This is an example of

• A) scarcity.
• B) a microeconomic decision.
• C) a macroeconomic decision.
• D) incentives.

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Definitions:

Initiative

The ability to assess and initiate things independently; the power or opportunity to act before others do.

Industry

Industry refers to the dedication and effort in completing tasks and mastering skills, often related to the stage of development focused on competence and productivity.

Longitudinal Studies

Longitudinal studies involve repeated observations of the same variables over a period of time, allowing researchers to study changes and developments.

Sample Biases

Distortions in a sample that arise from the method of collection, leading to results that are not representative of the population being studied.