The Process of Physically Placing the Computer Equipment on the Site

question 32

Multiple Choice

The process of physically placing the computer equipment on the site and making it operational is called ____.

• A) site preparation
• B) user acceptance
• C) start-up
• D) installation

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Definitions:

Equilibrium Price

The price at which the number of products that businesses are willing to supply equals the amount of products that consumers are willing to buy at a specific point in time.

Supply

The number of products—goods and services—that businesses are willing to sell at different prices at a specific time.

Demand

The number of goods and services that consumers are willing to buy at different prices at a specific time.

Profits

The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.