Examlex
Distributed data processing places the control IT recourses under end users.
Perfectly Competitive
A market structure characterized by many sellers offering identical products, free entry and exit, and full information, leading to price taking behavior.
Output
The total amount of goods or services produced by a firm, industry, or economy.
Price Elasticity
The measure of how much the quantity demanded of a good responds to a change in its price.
Total Revenue
The total amount of money received by a company from its sales of goods or services.
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Q95: To the user,data processing procedures for routine