Dell Computer Provides Inner City Schools with Free Computers and Wireless

question 109

Multiple Choice

Dell Computer provides inner city schools with free computers and wireless Internet access. This is an example of ______.

• A) sales promotion
• B) public relations
• C) personal selling
• D) creative selling

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Definitions:

ATC Curve

The Average Total Cost (ATC) curve is a graphical representation showing how the average total costs of production for a firm change as the quantity of output produced changes.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.

Perfect Competitor

A theoretical market structure where many firms sell identical products, entry and exit are easy, and all firms are price takers.

Industry Demand Curve

A graphical representation of the quantity of goods that buyers in an industry are willing and able to purchase at various prices, holding other factors constant.