Chapter 2 Discusses the Different Approaches That Can Be Used

question 113

Multiple Choice

Chapter 2 discusses the different approaches that can be used to enhance existing legacy systems.Which approach intends to consolidate, connect, and organize all of the computer applications, data, and business processes both legacy and new) into a seamlessly interfaced framework of system components?

• A)Screen scrapers
• B)Legacy replacement integration
• C)Enterprise application integration
• D)Resource management integration

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Definitions:

MC Curve

A graph representing the marginal cost of producing an additional unit of a good or service, usually upward sloping, reflecting increasing costs.

AVC Curve

The graphical representation of the average variable cost per unit of output over various levels of production.

Marginal Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good changes as production volume changes.

Perfect Competition

Perfect competition describes a market structure where many firms sell identical products, no single buyer or seller can influence the market price, and there is free entry and exit of firms.