Examlex

Solved

A _________ Is a Mechanism That Provides for Communication Among

question 44

Multiple Choice

A _________ is a mechanism that provides for communication among CPU,main memory,and I / O.


Definitions:

Consumer Surplus

The difference in the total amount consumers are capable of paying for a good or service versus what they really pay.

Producer Surplus

The divergence between what producers expect to get for a good or service and the actual compensation they receive.

Deadweight Loss

The loss of economic efficiency when the equilibrium outcome is not achievable or not achieved in a market.

Perfectly Inelastic

A market condition where the quantity demanded or supplied does not change in response to price changes.

Related Questions