All the Following Are Important Features of a Personal Computer

question 77

Multiple Choice

All the following are important features of a personal computer database software program EXCEPT the ability to

• A) Set up user menus.
• B) Set up own screen formats for data input.
• C) Perform desktop publishing functions.
• D) Import data from other databases.

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Definitions:

Constant-Cost Industry

An industry in which the costs of production (including input prices) remain constant regardless of changes in the industry's output level.

Long-Run Equilibrium

A situation in which, after all adjustments have been made, all firms in a perfectly competitive market earn zero economic profit and no firm has an incentive to change its output.

Market Price

The existing rate at which a product or service may be purchased or sold within a market environment.

Competitive Market

A market structure where many firms offer products or services that are similar, leading to high levels of competition.