A(n) _____ Is a Small Record Deposited on Your Hard

question 145

Short Answer

A(n) _____ is a small record deposited on your hard disk by a Web site containing information about you and your Web activities.

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Definitions:

Derived Demand

Demand for a factor of production or intermediate good that occurs as a result of the demand for another related good or service.

Productive

Refers to the efficiency and capability of producing goods and services, often measured by output per unit of input.

MRP Schedule

Refers to the schedule showing the relationship between the marginal revenue product (MRP) of labor or another input and the amount of the input employed, underpinning decisions in factor markets.

Derived Demand

The demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.