Figure 5-19

question 162

Multiple Choice

Figure 5-19
-Refer to Figure 5-19. Which of the following statements is not correct?

• A)Supply curve A is perfectly inelastic.
• B)Supply curve B is perfectly elastic.
• C)Supply curve C is unit elastic.
• D)Supply curve D is more elastic than supply curve C.

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Definitions:

System Development Life Cycle (SDLC)

A process used to develop information systems; it consists of the following six steps: problem and opportunity identification, analysis, design, development, testing and installation, and maintenance and evaluation.

Programming

The process of translating a task into a series of commands a computer will use to perform that task.

Flowchart

Visual diagram of a process, including the decisions that need to be made along the way.

Pseudocode

A text-based approach to documenting an algorithm.