Which of the Following Functions Do Cost/benefit Models

question 22

Multiple Choice

Which of the following functions do cost/benefit models?

• A) Database planning
• B) Database analysis
• C) Database design
• D) Operations

---

Definitions:

Unit Price

The cost per unit of quantity of a product, which allows for easy comparison of cost efficiency between different products or services.

Demand Elastic

Refers to how sensitive the quantity demanded of a good is to a change in its price.

Demand Schedule

A chart displaying the amount of a product or service buyers are prepared and capable of buying at different price levels.

Total Revenue

The total amount of money generated by the sale of goods or services related to the company's primary operations.