Software Programs That Use a Series of Questions to Aid

question 96

Multiple Choice

Software programs that use a series of questions to aid humans in decision making are called ________.

• A)text reading software
• B)expert systems
• C)group systems
• D)support software

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Definitions:

Comparative Advantage

An economic theory that explains how and why it benefits countries to specialize in producing goods in which they have a lower opportunity cost and to trade with others.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor.

Competitive Equilibrium

A market state where supply equals demand, resulting in an efficient distribution of goods and services without excess.

Price Ceiling

A government-imposed limit on the price charged for a product, intended to protect consumers from high prices.