With Help from the Marketing Department,engineers at Easy Electronics Have

question 148

Multiple Choice

With help from the marketing department,engineers at Easy Electronics have designed a new type of cable modem that is easier to install in computers and more reliable than any cable modems currently in use.The marketing managers want to differentiate it from less sophisticated products made by Easy's competitors.An important part of this effort is likely to be the selection of a for the new modem.

• A)patent
• B)prototype
• C)brand name
• D)copyright

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Definitions:

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Quantity

The amount or number of a material or immaterial good or service.

Average Fixed Cost

The fixed costs of production (expenses that do not change with the level of output) divided by the quantity of output produced.

Output

The total quantity of goods and services produced by an economy or a firm.