Like a Contractor Constructing a New Building or Renovating an Existing

question 30

Short Answer

Like a contractor constructing a new building or renovating an existing one, the ___________________ takes the plans developed by others and builds or modifies the necessary software.

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Definitions:

Quantity

The amount or number of a material or immaterial good or service.

iPads

A brand of tablet computers designed and marketed by Apple Inc., known for their touch screen interface and mobile operating system.

Supply Analysis

The examination of factors that influence the quantity of a product or service that the market can offer at various prices.

Equilibrium Price

The cost point where the amount of a product sought by buyers matches the amount made available by sellers, leading to a state of equilibrium in the market.