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A ____ computer is a computer that can perform all of its input, processing, output, and storage activities by itself.
Profits
Financial gains realized when the revenues from business activities exceed the expenses, costs, and taxes needed to sustain the operation.
Profit-maximizing Combination
An optimal mix of inputs or factors of production that results in the highest possible profit for a firm, given the costs and available resources.
Production Costs
Expenses incurred by a business in the process of creating a good or service, including raw materials, labor, and overhead.
Elasticity
The measure of how much the quantity demanded or supplied of a product changes in response to a change in its price.
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