Define the Following Five Categories of Software: Retail, Custom, Web

question 195

Essay

Define the following five categories of software: retail, custom, web application, open source, and shareware.

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Definitions:

User Cost

The economic cost or expense of using a non-renewable resource or durable good, encompassing both the depreciation of the asset and the opportunity cost of not having the resource available for future use.

Extraction Cost

The expenses associated with removing natural resources from the earth, such as mining for minerals or drilling for oil.

Quantity of Gold Bars

The total number or amount of gold bars, often measured in terms of weight or units in a specific context.

Resource Extraction

This term refers to the process of obtaining resources from the Earth, such as minerals, oil, and gas, through methods like mining, drilling, and fracking.