Julio Needs to Write a Report and Develop a Budget

question 7

Multiple Choice

Julio needs to write a report and develop a budget for his job.What type of apps should he use to complete these tasks?

• A) Personal interest apps
• B) Productivity apps
• C) Device management apps
• D) Navigation apps

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Definitions:

Opportunity Cost

Forgoing the benefit of the next preferable alternative comes at a cost during decision-making.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs and production technology.

International Trade

The swapping of commodities and services among different nations.

Unskilled Workers

Individuals who lack specialized skills, training, or qualifications for particular jobs or industries.