Downtime Refers to Periods of Time in Which a

question 77

Multiple Choice

Downtime refers to periods of time in which a

• A) computer system is malfunctioning.
• B) computer system is not operational.
• C) company or organization is not operational.
• D) computer is not online.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market price.

Shift Demand

A change in the amount of a product that consumers are willing and able to purchase at any given price level, typically caused by changes in consumer preferences, income, or prices of related goods.