A/An _____ Is an Integrated Collection of Computer Files Capable

question 4

Multiple Choice

A/An _____ is an integrated collection of computer files capable of storing operational data essential for managing a department.

• A) EDI system
• B) e-catalog
• C) database
• D) e-sourcing system
• E) None of the above.

---

Definitions:

Marginal Revenue

The additional income received from selling one more unit of a good or service. It is an important concept in microeconomics and business when determining the optimal level of sales and production.

Profit-Maximizing Level

The point at which a firm achieves the highest profit possible, where marginal cost equals marginal revenue.

Marginal Cost

The growth in complete costs associated with creating another unit of a good or service.

Total Revenue

The total amount of money received by a company from the sale of its goods or services.