Case-Based Critical Thinking Questions Case 1-1 Maxwell Made a Presentation

question 40

Multiple Choice

Case-Based Critical Thinking Questions Case 1-1 Maxwell made a presentation to his class about the importance of computer memory. After his presentation was over, he was asked several questions. Select the best answer for each question. When you start a program, it is loaded from a disk into _____?

• A) ROM
• B) the microprocessor
• C) RAM
• D) the arithmetic-logic unit

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Definitions:

Price

The amount of money expected, required, or given in payment for something.

Money Income

Income received in the form of money rather than in-kind benefits or goods, crucial for determining purchasing power and standard of living.

Marginal Utility

The increase in satisfaction or advantage a buyer experiences from acquiring one more unit of a good or service.

Utility Maximization

A theory in economics asserting that individuals aim to achieve the highest level of satisfaction or utility through their choices, given their resources.