The Popularity of Digital Cameras Has Enticed Large Discount Stores

question 146

Multiple Choice

The popularity of digital cameras has enticed large discount stores like Wal-Mart and Costco to offer digital photo printing services.How does this affect the digital photo printing market?

• A)The demand curve for digital photo printing services shifts to the right.
• B)The demand curve for digital photo printing services shifts to the left.
• C)The supply curve for digital photo printing services shifts to the right.
• D)The supply curve for digital photo printing services shifts to the left.

Understand strategies for delivering negative news in a positive manner.

Understand the importance of perceived fairness and actual fairness in workplace communication.

Identify and apply strategies for becoming more sensitive to audience needs.

Recognize characteristics such as objectivity that facilitate consideration of all sides of an issue.

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Definitions:

Direct Labor Cost

Expenses associated with employees who physically produce a product or are directly involved in providing a service.

Polishing Labor

The labor cost associated with the finishing or polishing stage of manufacturing to enhance the appearance or functionality of a product.

Sales Budget

A financial plan detailing the expected revenues from sales of products or services over a specific period.

Production Budget

An estimate of the total units that must be produced in a given period to meet sales demands and ending inventory requirements.