The "Brains" of the Computer Is the

question 24

Multiple Choice

The "brains" of the computer is the

• A) memory
• B) CPU
• C) hard drive
• D) mouse

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Definitions:

Horizontal Demand

A market situation where the demand curve is perfectly elastic, indicating that consumers are willing to purchase any quantity at a particular price.

Marginal Revenue

The additional income from selling one more unit of a good; sometimes equal to the price of the good.

Marginal Cost

The increase or decrease in the total cost that arises from producing one additional unit of a product or service.

Profit

Earnings resulting from conducting business, after subtracting all operational costs, taxes, and expenses from total revenue.