When Trying to Select a Topic, Preston Thought About What

question 19

Multiple Choice

When trying to select a topic, Preston thought about what he had already experienced. What method did Preston use to select a topic?

• A) brainstorming
• B) surveying interests
• C) assessing knowledge
• D) evaluating commitment

---

Definitions:

Maximize Profits

The process by which a business seeks to achieve the highest possible return from its operations, often through optimizing costs, pricing, and production strategies.

Marginal Revenue

The additional revenue that an entity receives from selling one more unit of a good or service.

Average Revenue

The amount of revenue received per unit of a good or service sold, calculated by dividing total revenue by the total number of units sold.

Maximize Profits

Business objective to achieve the highest possible profit from operations and sales.