An Important Use of Application Programs Is to ________

question 108

Multiple Choice

An important use of application programs is to ________.

• A)control that computer's resources
• B)perform memory swapping to enhance the computer's performance
• C)generate data that describe data
• D)enable database processing over the Internet

---

Definitions:

Marginal Revenue Curve

A graphical representation showing the change in total revenue that results from selling one additional unit of a product or service.

Demand Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good.

Collusion

A secret or illegal agreement or cooperation between parties to limit competition and manipulate prices or market conditions in their favor.

Allocative Efficiency

Refers to a situation in which the resources in an economy are distributed according to consumer preferences, ensuring that goods are produced in the quantities exactly matching consumer desires.