What Is Open Source

question 382

Multiple Choice

What is open source?

• A)Any proprietary software licensed under exclusive legal right of the copyright holder
• B)Any software whose source code is made available free for any third party to review and modify.
• C)Contains instructions written by a programmer specifying the actions to be performed by computer software.
• D)Consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate.

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Definitions:

Unity

In economic terms, unity can refer to a sense of agreement or cohesion among members of a market or organization, striving towards common goals or values.

Inelastic

Characterizes a condition in which the demand for a good or service is relatively unresponsive to changes in its price.

Elasticity of the Demand

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