Gal Runs a Music Store

question 59

Multiple Choice

Gal runs a music store. He has a desktop computer in the back room that acts as a server. He has a point-of-sale terminal that connects to the desktop. He also has a notebook (using in-store wireless access to the Internet) that can be carried around the store to look up current items in stock, or to search for items from one of his suppliers for special orders. Which type of media does he likely use to connect the point-of-sale terminal to the desktop?

• A) Twisted-pair wire
• B) Coaxial cable
• C) Fiber-optic cable
• D) Cellular radio
• E) Copper cable

---

Definitions:

Market Price

The price at which a product or service is currently sold in the market.

Technology

The application of scientific knowledge for practical purposes, especially in industry and the creation of inventions to solve problems or improve processes.

Short-Run Total Cost Function

A formula showing the total cost of production when at least one factor of production is fixed in the short run.

Average Cost

Calculated by dividing the total cost of production by the number of goods produced.