Hardware Costs Have Been _______________ Over Time and Software Costs

question 21

Multiple Choice

Hardware costs have been _______________ over time and software costs have been _______________ over time.

• A)decreasing; decreasing
• B)decreasing; increasing
• C)increasing; decreasing
• D)increasing; increasing

Understand the factors that are held constant when moving along the supply curve.

Comprehend the law of supply and its implications for the relationship between price and quantity supplied.

Recognize how changes in the price of inputs, like oil, affect the supply of related goods.

Analyze the effects of supply changes due to external factors such as weather conditions.

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Definitions:

Livestreaming Apps

Applications that enable real-time broadcasting of video content to an audience over the internet.

Social Media

Encompasses online platforms and tools that facilitate sharing, interaction, and community building among users through the exchange of information, ideas, and content.

Return on Relationships

A concept focusing on the value that is created through building and nurturing relationships, often in a business or networking context.

Ted Rubin

A recognized marketer, author, and social media strategist known for his concept of Return on Relationship.