When the Pointer Changes to a Pencil It Indicates That

question 26

Multiple Choice

When the pointer changes to a pencil it indicates that you ____.

• A) can erase information
• B) can type text
• C) are in paint mode
• D) are in drawing mode

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Definitions:

Marginal Utility

The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.

Total Utility

The overall satisfaction or value that a consumer derives from consuming a certain quantity of goods or services.

Units

In economics, a quantifiable measure used to express the quantity of goods or services.

Satisfaction

A measure of how goods and services supplied by a company meet or surpass customer expectation.