One Benefit of a Connected World,resource ___________ Makes All Applications,equipment

question 264

Short Answer

One benefit of a connected world,resource ___________ makes all applications,equipment (such as a high-volume printer),and data available to anyone on the network,without regard to the physical location of the resource or the user.

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Definitions:

Output Effect

The effect that changes in the price level have on the quantity of goods and services supplied, due to the real balances of money.

Marginal Revenue Product

The additional revenue generated by employing one additional unit of a factor of production, crucial for decision-making in business.

Output Rises

An increase in the quantity of goods or services produced within an economy, often indicating economic growth or expansion.

Wage Rate

The compensation paid to employees for their labor per time unit, often quantified on an hourly or annual basis.