Which of the Following Is True

question 27

Multiple Choice

Which of the following is true?

• A)A Web service is one way to implement a SOA.
• B)SOAP is one way to implement a Web service.
• C)both A and B
• D)neither A nor B

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Definitions:

Marginal Revenue Curve

A graphical representation that shows how marginal revenue varies with changes in the quantity of output sold.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.

Monopoly Pricing

The pricing strategies employed by a monopoly, characterized by the ability to set prices higher due to lack of competition.

Colluding

Coordinating actions or decisions secretly, especially between competitors in order to cheat or deceive others.