_____ Tells the Computer Hardware How to Run

question 92

Multiple Choice

_____ tells the computer hardware how to run.

• A)Operating system software
• B)Mainframes
• C)Application software
• D)Local area networks
• E)Wide area networks

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Definitions:

Inferior Good

An inferior good is a type of product whose demand decreases as the income of the consumer increases, in contrast to normal goods.

Income Elasticity

Measures how the demand for a product or service changes in response to changes in consumer income.

Positive Elasticity

Occurs when the demand for a product increases as the price increases, indicating a direct relationship between price and demand.