Electricity Is Either on or Off,which Allows Computers to Use

question 38

Short Answer

Electricity is either on or off,which allows computers to use electricity and the two-state __________ system to represent data and programs.

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Definitions:

Sales Price

The price at which a product or service is offered for sale in the market.

Fixed Costs

Expenses that do not change with the level of production or sales, examples include rent, salaries, and insurance premiums.

Variable Cost

Expenses that change in proportion to the activity or volume of business, such as materials, labor, and transaction fees.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life to represent wear and tear over time.