Case-Based Critical Thinking Questions Case 1-1 Karen Is Trying to Get

question 14

Multiple Choice

Case-Based Critical Thinking Questions Case 1-1 Karen is trying to get organized and one of her issues is that she has too many electronic devices. She wants to reduce the number of devices and still maintain the same degree of functionality. Karen needs an appointment book and is considering one that is digital. You suggest she consider a ____.

• A) PDA
• B) smart phone
• C) iPod
• D) GPS

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Definitions:

Marginal Costs

The expenditure involved in manufacturing one more unit of a product or service.

Major League Baseball

A professional baseball organization that is the oldest of the four major professional sports leagues in the United States and Canada.

Ticket Sales

The process and revenue generated from selling tickets for events such as movies, concerts, sports, and other performances.

Revenue Maximization

A strategy or objective focused on increasing the total income generated from sales or services, without necessarily maximizing profit.