DanSpring Collections Is a Collections Business Located in Des Moines

question 24

Essay

DanSpring Collections is a collections business located in Des Moines, IA.DanSpring frequently makes changes to the invoicing software programming to update customer pricing and discounts.Explain the steps that DanSpring can take to avoid errors in making these programming changes.

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Definitions:

Increasing Marginal Opportunity Costs

The principle that as production of a good expands, the opportunity cost of producing an additional unit rises.

Discrimination

The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.

Production Possibilities Curve

The production possibilities curve is a graphical representation showing the maximum combination of goods or services that can be produced in a given time period, given available resources and technology.

Concave

A shape or curve that is rounded inward, resembling the interior of a circle or sphere.