Which of the Following Is Not an Example of Fourth

question 68

Multiple Choice

Which of the following is not an example of fourth generation development tools?

• A) Microsoft Excel
• B) graphics software, such as Photoshop
• C) report generator
• D) very high-level programming language

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Definitions:

Supply Curve

A visual chart illustrating the connection between a product's price and the amount of the product that sellers are ready to manufacture and offer for sale.

Price Elasticity of Supply

A measure of how much the quantity supplied of a good responds to a change in the price of that good, indicative of the flexibility of producers.

Midpoint Method

A technique used in economics to calculate the elasticity between two points on a demand curve by using their average.

Price Elasticity of Supply

A measure of how much the quantity supplied of a good changes in response to a change in the price of that good, indicating the responsiveness of producers.