What Is Interoperability

question 22

Multiple Choice

What is interoperability?

• A) Contains a repertoire of web-based data and procedural resources that use shared protocols and standards permitting different applications to share data and services
• B) The capability of two or more computer systems to share data and resources, even though they are made by different manufacturers
• C) A broad, general term that describes nonproprietary IT hardware and software made available by the standards and procedures by which their products work, making it easier to integrate them
• D) A computer system designed that in the event a component fails, a backup component or procedure can immediately take its place with no loss of service

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Definitions:

Diminishing Marginal Utility

A principle stating that as a consumer consumes more of a good or service, the utility (satisfaction) gained from each additional unit decreases.

Supply Curves

Graphical representations that show the relationship between the price of a good and the quantity of the good that producers are willing to supply.

Demand Curves

Graphical representations showing the relationship between the price of a product and the quantity of the product that consumers are willing and able to purchase.

Satisfies Consumer Wants

The fulfillment of consumer desires and needs through the provision or consumption of goods and services.