Critical Thinking Questions Case 3-1 Bea Is the Best Pie

question 32

Multiple Choice

Critical Thinking Questions Case 3-1 Bea is the best pie baker around. She has decided to go into business and takes a survey in her town to find out what types of pies are favorites. She decides to record her data in a workbook to present to the bank when she seeks a loan for her business startup costs. Naturally, Bea wants a Pie chart in her workbook. She would like each slice to represent the different types of pies she plans to sell and show this on a 3-D Pie chart. Bea has received a suggestion to emphasize the most favorite type of pie. From a design perspective, what should she do to emphasize the apple pie?

• A)not do anything to the slice because Excel does it automatically
• B)move the chart to the upper-left corner of the chart sheet
• C)rotate the apple pie slice toward the front and explode it
• D)rotate the apple pie slice toward the back and color it a pale yellow

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Definitions:

Utility

In economics, utility means the total satisfaction received from consuming a good or service.

Competitive Equilibrium

is a condition in a market where supply equals demand, with prices becoming stable at this point.

Capital Input

The resources used in the production process, including buildings, machinery, and equipment.

Labor Input

The total hours of work or number of workers employed in the production of goods and services.