Corgy Buys Software from Digital Products Corporation

question 7

Multiple Choice

Corgy buys software from Digital Products Corporation.When Corgy loads the software,to use the program she is required to click on a button that says,in reference to certain terms,"I agree." This is

• A)a click-on agreement.
• B)a default agreement.
• C)an attribution agreement.
• D)a shrink-wrap agreement.

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Definitions:

ATC

Average Total Cost; the per-unit cost of production, calculated by dividing the total cost by the quantity of output produced.

Marginal Output

The additional output that results from increasing the production input by one unit.

Total Output

The total value of all goods and services produced in an economy during a specific period.

Workers

Individuals engaged in any form of employment, contributing labor for the production of goods and services.