The Demand for a Resource Will Increase If the

question 84

Multiple Choice

The demand for a resource will increase if the

• A)price of the resource decreases.
• B)supply of the resource decreases.
• C)price of the product requiring this resource increases.
• D)price of the product requiring this resource decreases.

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Definitions:

Mainframe Computer

A large, powerful computer system used in complex applications for bulk data processing.

Storage Capacity

The volume or space available for storing goods or data in a warehouse, hard drive, or other storage systems.

Executive Support System

A type of management information system designed to facilitate and support the information and decision-making needs of senior executives.

Enterprise Planning Resources

Systems and tools used to align company resources and strategies with its long-term goals and objectives; often involves software solutions.