Critical Thinking Questions Case 8-2

question 10

Multiple Choice

Critical Thinking Questions Case 8-2
Jerema, the CEO of a leading garment manufacturing outlet, has assigned her assistant, Ann, the task of utilizing tables and its styling features to create an organized information store that would contain all of Jerema's meeting schedules. Ann creates a table that has four rows and three columns that lists all the required information. Apart from the table on meeting schedules, Ann has been asked by Jerema to incorporate financial updates as well. Since the financial data contains numeric information, styling the data for a mobile viewport might be a problem where a user may find it difficult to read the data. To overcome this problem, Ann can consider converting the table to a _____ for the mobile viewport.

• A)chart
• B)matrix
• C)grid
• D)map

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Definitions:

Law Of Supply

A principle that states there is a direct relationship between the price of a good and the quantity of it producers are willing to supply. As the price of a good increases, producers will wish to supply more of it. As the price decreases, producers will wish to supply less.

Producers

Individuals or businesses that create goods or provide services.

Supply

The total amount of a good or service available for purchase at any given price level in a market.

Producer Surplus

The difference between the amount a producer is willing to accept for a good and the actual price they receive.