The First Computers Were Designed to

question 12

Multiple Choice

The first computers were designed to

• A)perform repetitive calculations and tasks.
• B)compose music.
• C)use punch cards.
• D)assist the U.S. government with defense.

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Definitions:

Supply Function

An economic formula that shows the relationship between the quantity of a good supplied and its price, often influenced by production costs and market competition.

Supply Function

A mathematical relationship that describes the quantity of a good or service that producers are willing to sell at various prices.

Demand Function

A mathematical equation representing the relationship between the quantity demanded of a good and factors affecting its demand, such as price.

Inverse Demand

A representation of demand that expresses price as a function of quantity demanded, contrary to the typical demand function.