Gal Runs a Music Store

question 16

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. The Web site for the store is HYPERLINK "http://www.GalsTunes.net"www.GalsTunes.net. Which of the following is true?

• A) Gal must be hosting his Web site on his own desktop computer based on its URL.
• B) The point-of-sale terminal cannot connect to the Internet.
• C) Gal must not be selling on his Web site because the top-level domain is "net" and not "com."
• D) The desktop computer must also be able to connect to the Internet in order for the notebook to access data from it.
• E) All of the above are true.

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Definitions:

Indirect Utility Function

A concept in economics that represents the maximum utility a consumer can achieve with a given income and set prices for goods and services.

Income

Cash inflow, customarily obtained at regular periods, as compensation for work or from investment outcomes.

Constraint

A limitation or restriction on the variables of a problem, often seen in economics as budget constraints affecting consumer choices.

Utility Function

A mathematical model that describes how a person ranks choices based on perceived utility, happiness, or satisfaction.