Certain Types of Systems Are Called _________ Because They Must

question 43

Multiple Choice

Certain types of systems are called _________ because they must run without failure or with nearly instant recovery from failure.

• A) mission-critical
• B) uninterruptable
• C) expert systems
• D) MIS

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Definitions:

Market Equilibrium

A situation where the supply of a good or service is equal to the demand for it, resulting in stable prices.

Homogeneous Products

Goods that are perfectly identical in quality, size, and features, making them indistinguishable to consumers from multiple producers.

Luxury Yachts

Luxury yachts are high-end, luxurious boats that are often equipped with sophisticated amenities and are used for personal or commercial pleasure.

Cartel Members

Firms or countries that collaborate to control prices and production in an industry, acting together rather than competing, often to maximize collective profits.