Which Company Produced the System/360, a Family of 19 Compatible

question 27

Multiple Choice

Which company produced the System/360, a family of 19 compatible mainframe computers?

• A) Fujitsu
• B) Hewlett-Packard
• C) IBM
• D) Intel
• E) Texas Instruments

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Definitions:

More Output

An economic condition or a scenario where a firm or economy increases its production of goods or services.

Monopoly Inefficiency

The loss of economic efficiency that occurs when a single firm controls the market, leading to higher prices and reduced output compared to competitive markets.

Government Intervention

involves actions taken by a government to influence or directly affect economic, social, or political outcomes in a country.

Price Discrimination

The strategy of selling the same product or service at different prices to different customer groups, often based on the willingness to pay, market segment, or purchase location.