Bundling, in Economic Terms, Is Demonstrated by Which of the Following

question 51

Multiple Choice

Bundling, in economic terms, is demonstrated by which of the following statements?

• A)Homemakers in the upper Midwest typically buy all of their families' winter clothing at the same time.
• B)When an economics professor assigns numerous readings to a class, he/she is practicing bundling.
• C)When you purchase a personal computer, it generally is already loaded with software and comes with a monitor, keyboard and mouse.
• D)Performing multiple tasks simultaneously in a work environment is an example of bundling.

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Definitions:

Definition Of An Element

In accounting, an element refers to the essential categories into which all financial transactions can be classified, such as assets, liabilities, equity, revenue, and expenses.

Financial Flexibility

The ability of an entity to adapt to unforeseen expenses or investment opportunities without significant stress.

Resources

Assets, both tangible and intangible, that are owned or controlled by a business and can produce value.

Adapt

The act of making adjustments or changes in order to better suit a new environment, situation, or set of conditions.