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Which One of the Following Entails the Use of Computers

question 97

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Which one of the following entails the use of computers to monitor prices and also to submit trade orders in response to arbitrage opportunities?


Definitions:

Average Revenue

The amount of revenue received per unit of a good or service sold, calculated by dividing total revenue by the total number of units sold.

Maximize Profits

Business objective to achieve the highest possible profit from operations and sales.

Minimize Losses

A strategy aimed at reducing the negative impacts or financial losses in operations, investments, or other activities.

Market Price

The current price at which a good or service can be bought or sold in a marketplace, determined through the supply and demand dynamics.

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