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Critical Thinking Questions
Case 6-2
You have just purchased a new tablet and your last one was plagued with a poorly functioning battery. For this reason, with your new one, you have decided to become fully conversant in best practices with regard to battery life, so you can get the most out of this new one.
-Which of the following should you disable unless you are using it in order to conserve battery life?
a. eSATA
b. BRAM
c. MIDI
d. Wi-Fi
Opportunity Cost
The price paid for missing out on the alternative that ranks second best when deciding.
Excess Capacity
Refers to a situation where a company has more production ability than is necessary for the current level of demand.
Differentiation Value
The perceived value added to a product or service that makes it stand out from competitors.
Markup Percentage
The percentage added to the cost of a product to calculate the selling price, based on desired profit.
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