When Printed on Paper,data Output Is Referred to as

question 9

Multiple Choice

When printed on paper,data output is referred to as

• A)reports.
• B)hard copy.
• C)soft copy.
• D)financials.

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Definitions:

Economic Profit

The difference between total revenues and total costs, taking both explicit and implicit costs into account, indicating the additional income over the opportunity cost of capital.

Industry Z

An unspecified sector of the economy, used as a placeholder to discuss economic concepts without specifying an industry.

Output Expansion

The increase in the production of goods or services by a firm or economy over time.

Market Entry

The strategy or process of introducing new products or services into an existing or new market.