Case-Based Critical Thinking Questions Case 6-1 When Mary Started College

question 96

Multiple Choice

Case-Based Critical Thinking Questions Case 6-1 When Mary started college, her parents bought her a new computer that came loaded with the bare essentials in terms of software applications. She is now looking into purchasing additional software. Mary needs word processing software for her classes, but she has to budget her resources carefully this semester. She might consider using ____.

• A) Office 365
• B) Office Online
• C) Corel Office
• D) WordPerfect Office

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Definitions:

Living Wage

A wage level that is high enough to maintain a normal standard of living.

Employment

The condition of having paid work or the number of people employed in an economy or specific sector.

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee for their labor or services.

Deadweight Loss

A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.