Without the File Manager, Every Program Would Need to Include

question 27

True/False

Without the File Manager, every program would need to include instructions to operate all of the different types of devices, and all of the different models within each type.

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Definitions:

Private Value

The value of a good or service to an individual buyer or seller which is independent of the market price or the value others might derive from it.

Externalities

Results of business activities on external entities not considered in the product or service's price.

Cars And Trucks

General categories of motor vehicles primarily used for transportation of people (cars) and goods (trucks).

Socially-Optimal Quantity

The level of production and consumption that achieves the largest possible economic efficiency, taking into account the external effects on society.