A(n) ________ Is an Organized Method to Save and Retrieve

question 62

Multiple Choice

A(n) ________ is an organized method to save and retrieve files provided by the operating system.

• A) data scheme
• B) file system
• C) information structure
• D) classification system

---

Definitions:

Consumer Surplus

The mismatch between the aggregate amount consumers intend and can afford to pay for a product or service and the aggregate amount they really pay.

Producer Surplus

The difference between the amount a producer is willing to accept for a good versus what they actually receive in the market.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, often measured by the area above the supply curve and below the market price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that buyers are willing to purchase, assuming all other factors remain constant.