Case 1 - Horizon Cleaners

question 36

Multiple Choice

Case 1 - Horizon Cleaners
Horizon Cleaners is an organic dry cleaner for clothing. The price for dry cleaning a shirt is $3.00, the price for pants is $3.50, and the price for dresses is $4.00. All clothes can be either washed or dry cleaned. Dry cleaned clothes can be hung or folded, and folded items cost an additional $0.50 per item
-The application needs to assign the fee for folded clothes.The primary decision for the scenario is to first determine ____.

• A)whether the customer is having a shirt, or pants, or a dress cleaned
• B)when the customer will pick up the clothes
• C)if the customer wants clothes hung or folded
• D)if the customer wants clothes washed or dry cleaned

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Definitions:

Income

The monetary payment received for goods or services, or the profit earned on investments, over a period of time, which can influence economic behavior and standard of living.

Command Economy

An economic system where the government or a central authority makes all decisions regarding the production and distribution of goods and services.

Market Economy

An economic system in which supply and demand from consumers primarily control the production and distribution of goods and services.

Medium of Exchange

Any item sellers generally accept and buyers generally use to pay for a good or service; money; a convenient means of exchanging goods and services without engaging in barter.