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Case-Based Critical Thinking Questions
Case 6-1
Cayden is creating a Photo Album in PowerPoint 2016 to show at his sister's wedding.
-Once Cayden is on the right tab, he chooses the ____ group, and clicks the Photo Album button to open the Photo Album dialog box.
Price Floor
A government- or authority-imposed minimum price that can be charged for a product or service, often above the equilibrium price.
Network Externality
A situation where the value of a product or service increases as more people use it.
Intrinsic Value
The inherent or fundamental worth of something, not influenced by external factors or market conditions.
Extrinsic Value
The portion of an item's worth that is not inherent to the item itself but is attributed by external factors or circumstances.
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