A ____ Is a Collection of Hardware and Other Devices

question 15

Multiple Choice

A ____ is a collection of hardware and other devices that are connected together so that users can share hardware, software, and data, as well as electronically communicate with each other.

• A) computer bank
• B) database
• C) data bank
• D) computer network

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Definitions:

Price Elasticity

An indicator of the degree to which demand for a product reacts to variations in its price, showing how sensitive the demand for the good is to price alterations.

Price Discrimination

A method of setting prices where a provider charges different amounts for the same or almost the same items or services to different customers or in various locations.

Monopoly Practices

Business actions by a monopolist aiming to acquire, enhance, or maintain its monopoly power, often to the detriment of consumers and competition.

Demand

The willingness and ability of consumers to purchase a quantity of a good or service at various prices during a specified period.