_____ Means That a System Can Be Expanded,modified,or Downsized Easily

question 21

Multiple Choice

_____ means that a system can be expanded,modified,or downsized easily to meet the rapidly changing needs of a business enterprise.

• A) Scalability
• B) Compatibility
• C) Cardinality
• D) Functionality

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Definitions:

Economic Rent

Extra earnings above the minimum amount necessary for a resource to remain in its current use, often arising from scarcity or market control.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.

Market Prices

The current price at which a good or service can be bought or sold in an open market, determined by supply and demand dynamics.

Economic Profits

The surplus remaining after total costs are deducted from total revenues, accounting for both explicit and implicit costs.