Tyler Has Created a Spreadsheet to Keep Track of His

question 31

Multiple Choice

Tyler has created a spreadsheet to keep track of his customers for his house-sitting business. In the spreadsheet, he includes the owners' names, addresses, phone number, and number of days his services are needed.
-One of the entries Tyler enters into the spreadsheet automatically right-aligns in the cell.Which entry does this?

• A)customer phone number
• B)customer name
• C)number of days
• D)customer address

Understand the basic economic problem of scarcity and how it requires choices that entail opportunity costs.

Describe the functions of entrepreneurs in the economy and differentiate between various economic resources.

Distinguish between macroeconomics and microeconomics and their areas of study.

Appreciate the role and limits of economic models and theories in explaining real-world phenomena.

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Definitions:

Transfer Price

The fee at which services and items are traded between different sections within the same firm.

Selling Division

A segment or branch of a company responsible for the sale of its products or services, often structured to focus on specific markets or product lines.

Outside Customers

Individuals or entities that purchase goods or services but are not part of the providing organization.

Minimal Acceptable

The least favorable condition or outcome that is still considered sufficient to meet a specific requirement or standard.