Examples of Enterprise IT Include the Use of Web Conferencing,wikis,and

question 43

True/False

Examples of enterprise IT include the use of Web conferencing,wikis,and electronic corporate directories.

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Definitions:

Total Output

The total quantity of goods and services produced by an economy or firm within a certain period.

Marginal Revenue Product

The extra income that comes from using an additional unit of a resource, like workers or money.

Derived Demand

Demand for a good or service that arises from the demand for another good or service; for example, the demand for steel is derived from the demand for cars.

Resource Demand

Refers to the total amount of goods and services that businesses require to produce their own goods and services.