The End of the Dot-Com Bubble Meant a Decline in IT

question 46

True/False

The end of the dot-com bubble meant a decline in IT sector job openings.

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Definitions:

Output

The quantity of goods or services produced by a firm or industry within a certain period of time.

Inputs

Resources used in the production process to create goods and services, including labor, capital, materials, and energy.

Output

The quantity of goods or services produced by a company, industry, or economy within a specified time period.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain proportion results in output increasing by that same proportion.