Which of the Following Technologies Would Enable a Cashier to Scan

question 5

Multiple Choice

Which of the following technologies would enable a cashier to scan the entire contents of a shopping cart in seconds?

• A) ASRS
• B) AGV
• C) CAD/CAM
• D) RFID
• E) FMS

---

Definitions:

Marginal Cost

The cost incurred by producing one more unit of a product, essential for decision-making in production and pricing strategies.

Perfect Competitor

An ideal market condition where numerous small firms compete against each other, and goods are sold at their marginal cost.

Long Run

A period in economic theory where all factors of production and costs are variable, allowing companies to adjust to market conditions fully.

Perfect Competitor

A theoretical market structure where many firms sell an identical product, entry and exit from the market are easy, and no single seller can influence the market price.