Case-Based Critical Thinking Questions

question 21

Multiple Choice

Case-Based Critical Thinking Questions
Case 12-1
Chantal is building a kiosk-based Excel application.She wants to make some modifications to the screen elements in order to keep users from being distracted by parts of the application that are irrelevant to her application.She turns to Jason for guidance as she knows he built a similar solution earlier this year.
-Where in the Excel Options dialog box would Chantal find the setting to change the default location for Excel workbook files?

• A) Advanced options,Display section
• B) Advanced options,Editing options section
• C) Save options
• D) Formulas options

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Definitions:

Demand Curve

A diagram displaying the link between the value of an item and the quantity of that item that shoppers are eager and financially capable of purchasing at various cost points.

Monopolist

An individual or entity that has exclusive control over the production or sale of a product or service within a market, preventing competition.

Marginal Revenue

The additional revenue that a business earns from selling one more unit of a good or service.

Market Price

The ongoing cost at which an asset or service is available for buying or selling in a specific market.