A ____ Is a Collection of Hardware and Other Devices

question 15

Multiple Choice

A ____ is a collection of hardware and other devices that are connected together so that users can share hardware, software, and data, as well as electronically communicate with each other.

• A) computer bank
• B) database
• C) data bank
• D) computer network

---

Definitions:

Total Cost

The total of all costs associated with producing goods or services, which encompasses both fixed and variable expenses.

Marginal Revenue

The increase in earnings resulting from the sale of one extra unit of a good or service.

Marginal Cost

The amount needed to make one more unit of a certain product or service.

Total Economic Costs

The sum of all expenses a firm faces, including both explicit costs (direct payments) and implicit costs (opportunity costs).