Two Types of System Software Are Which of the Following

question 73

Multiple Choice

Two types of system software are which of the following?

• A)application software and tools that enable you to perform maintenance tasks
• B)web browsers and application software
• C)operating systems and tools that enable you to perform maintenance tasks
• D)operating systems and web browsers

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Definitions:

Total Product

The total quantity of goods or services produced by a firm or economy at a given time, a measure of overall output or production performance.

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, determined where marginal cost equals marginal revenue.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.

Purely Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to price taking behavior.