In___________ ,The Old System Is Used Along with the New

question 40

Multiple Choice

In___________ ,the old system is used along with the new system for a predetermined period of time.

• A)phased conversion
• B)cut-over conversion
• C)parallel conversion
• D)flash cut conversion

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Definitions:

Consumer Preferences

The subjective tastes and desires that dictate the choices made by consumers regarding goods and services they wish to purchase.

Equilibrium Prices

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in the market.

Gas Tax Holiday

A temporary suspension of the imposition of taxes on gasoline, often considered as a measure to reduce fuel prices for consumers.

Congestion

The state of being overcrowded or overfilled, often causing delays or inefficiencies, particularly in transport systems or networks.