Central Large Mainframe Computing Has Largely Replaced Client/server Computing

question 60

True/False

Central large mainframe computing has largely replaced client/server computing.

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices.

Supply

The total amount of a good or service available for purchase by consumers at a given price level and time.

Equilibrium Quantity

The quantity of a good or service at which the quantity demanded equals the quantity supplied at the market price.

Demand

The consumer's desire and willingness to pay for a product or service at a specific price.