Equipment That Surrounds a Computer and Assists It with Input

question 85

True/False

Equipment that surrounds a computer and assists it with input and output tasks is called "peripheral equipment."

---

Definitions:

Factors Of Production

The resources used to create goods or services, typically categorized into land, labor, capital, and sometimes entrepreneurship.

Short-Run

A time period in economics during which at least one input, such as plant size, is fixed and cannot be altered by a firm to respond to market changes.

Total Economic Cost

The sum of explicit and implicit costs, representing the total expense associated with producing a good or service.

Total Revenue

The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.