In Addition to Centralized Data Processing,the Earliest Systems Performed All

question 14

Multiple Choice

In addition to centralized data processing,the earliest systems performed all data input and output at a central location,often called a _____.

• A) web-centric hub
• B) thin client
• C) data processing center
• D) portal

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Definitions:

Lowest Opportunity Cost

The situation where choosing one option incurs the smallest possible loss of potential benefits from other alternatives, a key concept in comparative advantage and economic decision-making.

Fewest Resources

The condition of having the minimal amount of resources, including labor, capital, and natural resources, required for production.

Opportunity Cost

The missed opportunity to benefit from other choices when selecting a particular option.

Pages

Typically refers to sheets of paper bound together within a book, or the digital equivalent in documents, used to display printed or written material.