Examlex

Solved

A Data Flow Diagram Is Used by Systems Professionals to Show

question 83

Multiple Choice

A Data Flow Diagram is used by systems professionals to show the logical design of a system.The advantage of the method is that it uses only four symbols.The symbol used to represent both sources and destinations of data is a(n) :


Definitions:

Elasticity

A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in price, income, or other factors.

Perfectly Elastic

A situation in demand or supply where the quantity demanded or supplied changes by an infinite amount in response to any change in price.

More Elastic

Referring to a greater sensitivity of quantity demanded or supplied to changes in price, compared to goods or services with less elasticity.

Demand Elasticity

A measure of how much the demand for a product or service changes in response to changes in its price or other factors.

Related Questions