Ellie Wants to Use Office 2010 for Her Catering Business

question 46

Multiple Choice

Ellie wants to use Office 2010 for her catering business.For example, she plans to use Word to maintain her collection of recipes, and Excel to manage her budget.To get started, Ellie turns to you for help in understanding the components that appear in the Microsoft Word window.Ellie next asks you about the component located near the top of the window below the title bar.You explain that it provides easy, central access to the tasks performed while creating a document.What is the name of this component?

• A)scroll bar
• B)status bar
• C)ribbon
• D)mini toolbar

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Definitions:

Monopsonist

A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices and terms.

Nonunion Labor Force

Employees who are not members of a labor union and do not have negotiated contracts concerning their wages, benefits, and working conditions.

Monopsonist

A market condition in which a single buyer substantially controls the market as the major purchaser of goods and services.

Profit-Maximizing Quantities

The level of output at which a firm maximizes its profit, determined by the point where marginal cost equals marginal revenue.