Expert Systems Constitute the Technology Needed to Develop Computer Systems

question 21

True/False

Expert systems constitute the technology needed to develop computer systems that can mimic human behavior.

---

Definitions:

Resale

The act of selling a product or service again, often used goods, to another buyer.

Perfectly Price Discriminate

A pricing strategy where a seller charges the maximum possible price for each unit consumed that each buyer is willing to pay, thus capturing the entire consumer surplus.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service versus what they actually pay.

Federal Trade Commission

The Federal Trade Commission is a United States federal agency established to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.