The Systems Development Life Cycle (SDLC)is Also Known as the _____

question 89

Multiple Choice

The systems development life cycle (SDLC) is also known as the _____.

• A)ad hoc cycle
• B)self-sourcing model
• C)agile cycle
• D)waterfall model

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Definitions:

Equilibrium

The point at which the quantity of a good or service demanded equals the quantity supplied, determining the market price.

Total Surplus

In a market, the complete societal benefits are represented by the combined value of consumer and producer surplus.

Demand

The desire for a particular good or service, backed by the ability and willingness to pay for it.

Supply

The total amount of a good or service available for purchase at any given price level.