Organizations That Have Created a Robust Set of Web Services

question 64

True/False

Organizations that have created a robust set of Web services and APIs around their processes and procedures are often said to have a service-independent architecture.

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Definitions:

Demand Curves

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers.

Holding Constant

A method in analysis where specific variables are kept unchanged to isolate the effects of other variables.

Substitute Good

A product or service that can be used in place of another to satisfy similar needs or wants, thereby affecting its demand.

Complementary Good

A product or service that is used together with another product or service, increasing demand for one another.