A Widely Used Type of Application Software Related to Communications

question 191

Multiple Choice

A widely used type of application software related to communications is _____, which allows users with an Internet connection to access Web pages.

• A) a Web browser
• B) word processing software
• C) database software
• D) spreadsheet software

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Definitions:

Market Demand

The total demand for a product or service within a given market, representing the aggregate of individual demands.

Aggregation Examples

Instances of combining multiple items, data, or variables into a single set or summary.

Elastic Demand

A situation in which the demand for a good or service is sensitive to price changes, characterized by the percentage change in demand being greater than the percentage change in price.

Total Expenditures

The overall amount of spending by an individual, firm, or government on goods and services.