The SLU Data Processing Center Is Located on University Property

question 18

Multiple Choice

The SLU Data Processing Center is located on university property, where it leases the location space for lower-than-market rent. The university also provides office supplies and equipment at a discounted rate. SLU is most likely situated in what type of business location?

• A) incubator
• B) stand-alone location
• C) shopping center
• D) central business district

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Definitions:

Buyer

An individual or entity that purchases goods or services for personal use, resale, or to incorporate into the production of other goods.

Tax

An essential monetary charge or dissimilar levy exacted upon a taxpayer by a government sector to facilitate government expenses and diverse expenditures for the public.

Unique

Being the only one of its kind; unlike anything else.

Inelastic Demand

A situation where the demand for a good or service is relatively unaffected by changes in price, indicating that the quantity demanded changes very little with price fluctuations.