Which of the Following Functions Is Likely to Be Performed

question 72

Multiple Choice

Which of the following functions is likely to be performed by enterprise software?

• A) Word processing
• B) Spreadsheet accounting
• C) Making PowerPoint presentations
• D) Inventory tracking
• E) Internet browsing

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Definitions:

Marginal Cost

The amount spent on the production of one more unit of a product or service.

Demand Function

A mathematical function showing the relationship between the quantity demanded of a good and its price, holding other factors constant.

Reaction Function

The strategic response of one player in a game to the actions of another, typically used in the context of oligopoly market structures.

Marginal Cost

The increase in total production costs that comes from making one additional unit of a product.