A(n) _____ Is a Set of Programming Instructions and Standards

question 65

Short Answer

A(n) _____ is a set of programming instructions and standards for one software program to access and use the services of another software program.

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Definitions:

Profits

The financial gain realized when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Game Theory Matrix

A tabular representation used in game theory to display the payoffs for each player for every possible combination of strategies.

Economic Efficiency

A situation where all resources in an economy are optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Game Theory

A mathematical and logical model used to analyze strategies in competitive situations where the outcome depends critically on the actions of all participants.