Lori and Juana Are Going to the Mall

question 8

Multiple Choice

Lori and Juana are going to the mall.Lori wants to buy a pair of athletic shoes,and Juana wants to buy a pair of Reebok cross-trainers.Lori illustrates _____ demand while Juana illustrates _____ demand.

• A) secondary; primary
• B) longitudinal; secondary
• C) external; internal
• D) primary; selective
• E) selective; primary

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Definitions:

Computer Equipment

Tangible assets related to computers and technology used in the operational activities of a business, such as servers, desktops, and peripherals.

Capital Expenditures

Investments in physical assets like property, plant, and equipment, which are expected to improve a company’s future productive capacity.

Operating Efficiency

A metric that indicates the ratio of output gained to the input expended in the business process.

Extend Its Useful Life

The process of prolonging the period over which an asset can productively be used, often through maintenance or improvements.