In Each Blank Below Place a P or an S

question 6

Short Answer

In each blank below place a P or an S to indicate whether the associated activity is performance oriented (P)or simulation oriented (S).
____ Writing a program that applies a particular economic theory to see if that theory leads to realistic consequences.
____ Writing a program to allow a database system to receive requests verbally.
____ Writing a program to control an automated aircraft landing system.
____ Writing a program to handle a university's registration system.

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Definitions:

Quantity Decrease

A reduction in the amount or number of a particular good or service that is available or being produced.

Efficiency Losses

The reduction in economic efficiency due to imbalances or distortions in the market, often manifesting as excess or insufficient production and consumption.

Output Level

The quantity of goods or services produced by a firm or economy in a given period.

External Benefits

Positive effects of a product or service that are enjoyed by people other than those who directly use or consume the product or service.