A Set of Self-Contained Services That Communicate with Each Other

question 7

Multiple Choice

A set of self-contained services that communicate with each other to create a working software application is called

• A)Web services.
• B)EAI software.
• C)SOA.
• D)SOAP.
• E)a software package.

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Definitions:

Pure Monopolist

A market structure where a single firm is the sole producer of a product or service, having significant control over its price.

Economic Profit

The difference in total funds acquired and total expenditures, both straightforward and oblique, for a corporation.

Pure Monopolist

A market structure characterized by a single seller selling a unique product with no close substitutes, having complete control over its price.

Maximize Profits

The goal of increasing a firm's net income by effectively managing costs, pricing, production, and sales strategies.