Case-Based Critical Thinking Questions

question 35

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-1
In PowerPoint 2016, Jim has been inserting text using the text box placeholders included in the slide layout. He wants to be able to add text to other locations on the slide.
-To insert a text box, Jim clicks the _____ tab on the ribbon.

• A)View
• B)Format
• C)Insert
• D)Home

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Definitions:

Transaction

An exchange or transfer of goods, services, or funds between parties.

Substitutes

Products or services that can replace each other in use, satisfying the same customer need or demand.

Oligopoly

Defines a market structure characterized by a small number of firms dominating the market, leading to limited competition.

Brand Loyalty

Occurs when a consumer buys the same brand’s product or service repeatedly over time rather than buying from multiple suppliers within the same category.