Tom and Andy Are Discussing File Storage

question 13

Multiple Choice

Tom and Andy are discussing file storage. They are working on a major project and want to be sure they can store their files in a way so they can easily be found and shared with others.
-Tom and Andy both have Microsoft Word.It would be best to store their files in its native format with an extension of ____.

• A) docx
• B) txt
• C) rtf
• D) all of the above

---

Definitions:

Indifference Curve

A graph representing combinations of goods that provide the same level of satisfaction to a consumer.

Rational Consumer

An economic concept describing an individual who makes choices that maximize their utility or benefit, based on their preferences and constraints.

Utility Function

A mathematical representation used in economics to model the preference or satisfaction a consumer derives from consuming goods and services.

Substitution Effect

The change in consumption patterns due to a change in relative prices, leading consumers to substitute one good for another.