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Case PPT Adv 1-1 Christina Has Volunteered to Create a PowerPoint

question 108

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Case PPT Adv 1-1 Christina has volunteered to create a PowerPoint presentation for her local fire department. The firefighters will be presenting information on home fire safety to elementary school children. To make the presentation more inviting and to hold the children's attention, Christina is adding pictures to several of the slides. However, after Christina resizes the pictures, they look distorted and off center. Frustrated, Christina asks you for help. To center her pictures precisely, you suggest Christina nudge the object by hold down the ____ key as she presses the arrow keys.


Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain proportion results in output increasing by the same proportion.

Price-taker Industry

Industries where firms have no control over the market price and must accept the prevailing prices as given.

Short-run Market Supply

The total quantity of goods or services that producers are willing and able to sell at a given price in the market over a short period.

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