What Computer Components, Also Called Hardware, Perform the Input, Processing

question 80

Multiple Choice

What computer components, also called hardware, perform the input, processing, storage, and output activities of the computer?

• A)virtual components
• B)logical components
• C)mechanical components
• D)physical components

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Definitions:

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.

Production Alternative

Different ways in which a firm could allocate its resources to produce various goods or services.

Capital Goods

Physical assets used by a company to produce goods and services that are used to produce consumer goods or services.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.