Data Representation Makes It Possible to Convert Letters, Sounds and Images

question 30

True/False

Data representation makes it possible to convert letters, sounds and images into electrical signals.

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

Capital

Economic resources that are used to create goods and services, such as buildings, machinery, and equipment.

Accounting Profit

Total revenue minus total explicit cost

Economic Profit

The distinction in the amount between total sales and all costs, inclusive of apparent and implied expenses.