The Earliest Programming Languages-Machine Language and Assembly Language-Are Referred to as ____

question 27

Multiple Choice

The earliest programming languages-machine language and assembly language-are referred to as ____.

• A) low-level languages
• B) third-generation programming languages (3GLs)
• C) procedural programming languages
• D) interpreted languages

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Definitions:

Marginal Cost

The increase in cost resulting from the production of one additional unit of output.

Advertising Elasticity of Demand

Advertising elasticity of demand quantifies the change in demand for a product as a result of a change in the amount of advertising for that product.

Price Elasticity of Demand

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

Willingness-To-Pay

The maximum amount an individual is ready to spend to purchase a good or service or to avoid something undesirable.