Computer Code Built into a Computer Operating System to Control

question 30

Multiple Choice

computer code built into a computer operating system to control processor,disk,memory,and other functions

• A)application programming interface
• B)batch processing
• C)device driver
• D)kernel
• E)power-on self test
• F)resource managers
• G)shell
• H)supercomputer
• I)task switching
• J)time-sharing system

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices, holding all else constant.

Cost Function

An equation that calculates the total cost incurred by a company to produce a specific quantity of a good or service.

Long-run Equilibrium

A market condition where all factors of production and inputs can be varied, allowing firms to enter or exit the market, ultimately resulting in no economic profit for any firm.

Demand

The amount of a product or service that buyers are ready and able to buy at different price levels over a certain timeframe.