In the Context of Computing, A(n) ____ Is a Custom

question 59

Multiple Choice

In the context of computing, a(n) ____ is a custom, hand-built modification to a computer system component.

• A) bit
• B) icon
• C) key
• D) mod

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Definitions:

Marginal Revenue

The additional revenue that a company receives from selling one more unit of a product.

Incremental Sales

The increase in sales generated by a specific action or event, beyond what would normally have been expected.

Nondiscriminating Monopolist

A monopolist who charges a single price for all units of the output sold, reaching every consumer who is willing to pay at least this price, rather than charging different prices.

Demand Schedule

A table that lists the quantity of a good that consumers are willing to purchase at different price levels.