In Terms of System Thinking, What Is Input

question 173

Multiple Choice

In terms of system thinking, what is input?

• A) Data entered in a computer
• B) Controls to ensure correct processes
• C) The resulting information from the computer program
• D) The computer program that processes the data

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Definitions:

Imposed Price

A price that is set by an external authority rather than by market forces of supply and demand.

Consumer-friendly

Describes goods, services, or policies that are designed with the welfare or satisfaction of consumers in mind.

Real Estate Market

The market segment encompassing the buying, selling, and leasing of property including land and buildings.

Supply Shifted

A change in the quantity of a good or service that suppliers are willing and able to sell at all possible prices, typically due to factors like changes in technology or costs.