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A Data Flow Diagram Is Not a Modeling Tool Used

question 135

True/False

A data flow diagram is not a modeling tool used to represent a new system.


Definitions:

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies as the quantity of output produced changes.

Demand Curve

It graphically represents the relationship between the price of a good and the quantity demanded by consumers, typically depicting an inverse relationship.

Elastic

A term describing how much the quantity demanded or supplied of a good changes in response to a change in price; highly responsive quantities are considered elastic.

Pizzerias

Establishments that specialize in preparing and serving various types of pizzas to customers.

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