Which of the Following Pairs of Components Constitutes the Computer

question 98

Multiple Choice

Which of the following pairs of components constitutes the computer side of information systems?

• A)software and data
• B)data and hardware
• C)people and procedures
• D)hardware and software

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Definitions:

Prisoner's Dilemma

A fundamental problem in game theory that demonstrates why two rational individuals might not cooperate, even if it appears that it is in their best interest to do so.

Dominant Strategy

A strategy in game theory that is best for a player, regardless of the strategies chosen by the other players.

Maximum Profits

The highest amount of earnings achievable by a firm when marginal costs equal marginal revenue.

Cartel

A group of producers or vendors coming together to keep prices elevated and limit competition.