Missy Just Hired a Software Development Team to Create an Educational

question 4

Multiple Choice

Missy just hired a software development team to create an educational simulation app for a high school course.She has some very specific requirements for how the different interactive elements should respond to user actions.How can she communicate her specifications to the software developers?

• A) Make a video.
• B) Test her ideas with some teenagers.
• C) Draw some wireframes.
• D) Design slides for a presentation.

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Definitions:

Resource Price

The cost associated with acquiring, accessing, or utilizing a resource, often dictated by supply and demand dynamics.

Units

A generalized term for the smallest possible measurement in which a quantity can be divided or counted, applicable across various contexts.

Profit-Maximizing

Strategies or actions taken by firms to increase their surplus by adjusting output or pricing based on marginal cost and marginal revenue.

Purely Competitive

A market structure characterized by a large number of sellers producing identical products where each seller is a price taker due to the high level of competition.