Enhancement-Type Requests Must First Be Evaluated to See Whether They

question 77

True/False

Enhancement-type requests must first be evaluated to see whether they are aligned with future business and information systems' plans.If not,the request will be rejected and the requester will be informed.

---

Definitions:

Quantity Supplied

In economic terms, this is the amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Surplus

The amount of an asset or resource that exceeds the portion used. In economics, it refers to a situation where supply exceeds demand.

Shortage

A situation in which demand for a good or service exceeds the available supply at the current price.

Market Equilibrium

Market equilibrium is the point where the supply of goods matches demand, leading to a stable market price.