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By Using Combinations of Only Four Symbols, the Systems Analyst

question 5

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By using combinations of only four symbols, the systems analyst is able to create a pictorial depiction of data flows that eventually can provide solid system:

Identify and describe various graphic aids for data illustration.
Understand the strategic incorporation of graphics within text.
Recognize the role of common language in managing data efficiently.
Differentiate between talking and descriptive titles in graphics.

Definitions:

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, representing how fixed costs dilute as more units are produced.

Variable Costs

Costs that vary directly with the level of production or business activity, such as materials and labor used in the production of goods.

Fixed Costs

Costs that do not vary with the level of output or sales in the short term, such as rent, salaries, or loan payments.

Long Run

A period of time in economics in which all factors of production and costs are variable, allowing all inputs to be adjusted.

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