FS Computers Is a Manufacturer of Personal Computers

question 44

Multiple Choice

FS Computers is a manufacturer of personal computers.The company sells all its products by allowing customers to select the configuration of computer they want and place orders online.This is an example of:

• A)circular distribution.
• B)direct distribution.
• C)parallel distribution.
• D)multiple distribution.
• E)multichannel distribution.

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Definitions:

Contract Curve

In an Edgeworth box diagram, it represents the set of optimal distribution points for two traders based on their preferences.

Efficient Input Use

Utilization of inputs in a manner that maximizes the output or minimizes the cost under given technology and constraints.

MRTS

The Marginal Rate of Technical Substitution measures the rate at which one input can be substituted for another input in the production process, while keeping output constant.

Pareto Optimality

A distribution of resources where no one can be made better off without causing detriment to at least one other person.