Solved

Scenario 3.2 Use the Following to Answer the Questions

question 177

Multiple Choice

Scenario 3.2
Use the following to answer the questions.
Clayton Homes,a mobile home manufacturer since 1934,introduced its new iHome in 2009.The iHome is one of the first of its kind,designed as an updated,modern version of the modular home,offered as a base home plus add-ons known as "pods." The base home is a one-bedroom,one-bath 734-square foot version at a price of around $80,000.There is also a 1,000 square-foot version for around $100,000.All versions may add on the additional one-room pods as desired which are shipped to your location and constructed on-site.The homes offer galvanized metal roofing,corrugated steel siding,VOC-free paints,and a "butterfly" roof that collects rainwater.The iHome uses 30% less energy than a similar square-foot home and offers "green" characteristics of solar panels,tankless water heaters,and low-flow faucets.In addition,it comes with bamboo flooring,a renewable resource.The modular,pre-fabricated design offers endless options for creating the customer's home and its engineered building system cuts down on construction waste.Due to the "green effects" of the iHome,the state governments have given it a tax abatement for any sales taxes.
-Refer to Scenario 3.2.The income a consumer would use to purchase an iHome is considered ____ income.

Definitions:

World Trade Organization

An international organization that regulates international trade.

Intellectual Property

A legal concept that refers to creations of the mind for which exclusive rights are recognized.

787 Dreamliner

A modern, fuel-efficient, wide-body commercial airliner developed by Boeing, known for its innovative use of composite materials and advanced technology.

New Engine Technology

Refers to the latest advancements or innovations in engine design and functionality, aiming to improve performance, efficiency, or environmental impact.