Case-Based Critical Thinking Questions Case 1-1 Wyatt Is Thinking About

question 53

Multiple Choice

Case-Based Critical Thinking Questions Case 1-1 Wyatt is thinking about purchasing his first computer. He wants to make sure that he buys a computer that fits his lifestyle. Wyatt has just purchased his first computer! When he hits the power button to turn the computer on, he navigates through several screens in the boot process. What is the correct order in which the screens appear?

• A) Lock screen, Start screen, Login screen
• B) Start screen, Lock screen, Login screen
• C) Start screen, Login screen, Lock screen
• D) Lock screen, Login screen, Start screen

Understand the concept of market equilibrium and calculate equilibrium price.

Analyze the effect of taxes on market equilibrium and how they impact quantities sold.

Calculate effects of subsidies on market prices to achieve a new market equilibrium.

Understand the relationship between supply and demand functions.