"Charlie & Dave's Computer Store" Is Considering the Best Way

question 29

Multiple Choice

"Charlie & Dave's Computer Store" is considering the best way to enter data about new customers that sign up as part of a new marketing campaign.Customers complete their details on a form and leave them at the store for further processing.The best method for capturing this data would be:

• A)scanning through barcode technology.
• B)optical mark readers.
• C)manual keying.
• D)scanning through image scanners.

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Definitions:

Demand Curve

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

Inelastic

A situation in which the demand or supply for a good or service is relatively unresponsive to changes in price.

Price Elasticity

The measurement of demand's elasticity to price changes for a particular good.

Midpoint Formula

A method used in mathematics to calculate the midpoint, or average, of two points on a line segment.