Which of the Following Is Most Likely to Include User

question 25

Multiple Choice

Which of the following is most likely to include user group development and execution of certain computer applications?

• A)Telecommunication transmission systems.
• B)Database administration.
• C)End user computing.
• D)Electronic data interchange systems.

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Definitions:

Equilibrium Price

The cost at which the amount of a good consumers want to buy matches the amount producers are willing to sell, achieving a state of equilibrium in the market.

Allocative Efficiency

A state of the economy in which production is in line with consumer preferences; every good or service is produced up to the point where the last unit provides a benefit to consumers equal to the cost of producing it.

Production Methods

Various techniques and processes used to create goods and services.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; specifically, every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the marginal cost of producing it.