Utility Programs Make It Easier to Complete All of the Following

question 27

Multiple Choice

Utility programs make it easier to complete all of the following EXCEPT:

• A)write a letter.
• B)translate files.
• C)repair damaged data files.
• D)guard against viruses.

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Definitions:

Marginal Revenue

The additional income earned from selling one more unit of a good or service, an important concept in pricing and production decisions.

Total Revenue

The total amount of money generated by the sale of goods or services by a company before any costs are subtracted.

Barrier To Entry

Factors that prevent or inhibit new competitors from easily entering an industry or area of business, including high startup costs, strict regulations, and significant technological challenges.

Monopolistic Industry

An industry dominated by a single firm that has control over the market prices and supply of a product or service.