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When a Systems Developer Is Working with Company Employees to Identify

question 36

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When a systems developer is working with company employees to identify needs and priorities, he or she is using the:


Definitions:

Binding Price Floor

A government-imposed price control set above the equilibrium price, causing a surplus by preventing the price from falling to its natural level.

Hybrid Cars

Vehicles powered by a combination of an internal combustion engine and one or more electric motors, using less fuel than conventional vehicles.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved.

Minimum Wage

A legally established lower limit on the wage that employers can pay their workers.

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