Case-Based Critical Thinking Questions

question 28

Multiple Choice

Case-Based Critical Thinking Questions
Case 11-1
Luca is the database administrator for a city parks and recreation department.  The department routinely uses community college interns to process applications and registration for the department's programs. It is important that the user interface minimize user input errors as much as possible.
-Because the event procedure that Luca is coding will only be used for the Participant Information form, the procedure is a(n) ____ procedure.

• A)private
• B)public
• C)remote
• D)shared

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Definitions:

Price Takers

Firms or individuals who accept the market price as given and have no influence to change it.

Product Variety

The range of different goods or services offered by a company or available in a market.

Competitive Price-Searcher

A market participant who sets their prices based on competition and market conditions, often adjusting to attract consumers while remaining profitable.

Demand Conditions

The factors that affect consumers' desire and ability to purchase a product, influencing its market demand.