EBCDIC and ASCII Both Require _____ Bits for Storage of Each

question 20

Multiple Choice

EBCDIC and ASCII both require _____ bits for storage of each character.

• A) six
• B) eight
• C) twelve
• D) sixteen

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Definitions:

Senior Citizen Discounts

Price reductions or special offers given to elderly consumers, typically those aged 65 and older, as a form of financial relief or incentive.

Economic Profits

The surplus left after deducting all costs, including opportunity costs, from a firm's total revenues, indicating the efficiency of resource allocation.

ATC Curve

Represents the Average Total Cost per unit of output produced, which is calculated by dividing the total cost by the quantity of output.

Non-price Competition

Strategies used by companies to attract customers through methods other than lowering prices, such as product differentiation and marketing.