Bar Code Readers Use ________ to Read Universal Product Codes

question 70

Multiple Choice

Bar code readers use ________ to read universal product codes (UPCs) ,inventory codes,and other codes created from patterns of variable-width bars.

• A)light
• B)dark
• C)OCR
• D)lasers

Understand the importance and impact of promotional activities between manufacturers and retailers.

Recognize the benefits and drawbacks of vertical relationships for consumers, manufacturers, and retailers.

Understand the role of arbitrage in defeating price discrimination.

Understand the concept of price discrimination and its application to different market segments.

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Definitions:

Pareto Optimality

A distribution of resources where no one can be made better off without causing detriment to at least one other person.

Utilities Possibilities Frontier

A graphical representation that shows the maximum number of goods or services that two countries can produce using their resources efficiently.

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectively utilizing resources.

Equitable

Fair and impartial treatment or distribution, often in the context of socio-economic policies.