Critical Thinking Questions Case 8-1

question 98

Multiple Choice

Critical Thinking Questions Case 8-1
A friend who is trying to market her new photography business asks you to help her design a catalog. She plans to take on the marketing once her business takes off, so you offer to tutor her on how catalogs are published.
As your friend entered lowercase text in the footer text box, she noticed that the first letter changed to uppercase. She asks you why. You tell her ____.

• A) Publisher makes such changes automatically when an embedded picture is used in a publication
• B) Publisher makes such changes automatically when the CAPS LOCK key has been pressed
• C) Publisher perceived the beginning of a sentence and its AutoCorrect feature capitalized the letter for you
• D) it is not possible that that occurred; she must be mistaken

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Definitions:

Upsloping Labor Supply Curve

A graphical representation indicating that as wages increase, the quantity of labor supplied also increases.

MRC Curve

The Marginal Resource Cost curve, representing the additional cost incurred by employing one more unit of a resource in production.

Monopsonist's Wage Cost

The cost to a monopsonist (a single buyer in a market) of paying for labor, influenced by their power to set wages due to lack of competition.

Additional Worker

A term used in economics and human resources referring to an extra employee hired to meet increased workload or production demands.