The Characteristics That Distinguish Between Batch and Real-Time Systems Include

question 87

Multiple Choice

The characteristics that distinguish between batch and real-time systems include all of the following except

• A)time frame
• B)resources used
• C)file format
• D)efficiency of processing

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Definitions:

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often leading to market inefficiencies and lack of competition.

Price Effect

The effect of a price change of a product or service on its supply or demand.

Oligopolist

A firm in an industry with only a small number of producers.

Monopolist

A single seller in a market who has significant control over the supply of a particular good or service, often leading to less competition and higher prices.