________ Is/are Off-The-Shelf Software Systems That Cannot Be Modified to Meet

question 82

Multiple Choice

________ is/are off-the-shelf software systems that cannot be modified to meet the specific,individual needs of a particular organization.

• A)In-house designs
• B)Custom software
• C)Turnkey systems
• D)Open source systems

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Definitions:

Equilibrium Quantity

The quantity of goods or services sold where the supply and demand curves intersect, indicating a balance between supply and demand.

Trade

The exchange of goods or services between individuals, firms, or countries.

Consumer Surplus

The discrepancy between what consumers are prepared and able to spend on a product or service and the actual amount they end up paying.

Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade volumes and protect domestic industries.