COGNITIVE ASSESSMENT You Want a Storage Medium That Allows You

question 34

Multiple Choice

COGNITIVE ASSESSMENT You want a storage medium that allows you to locate a particular data item immediately, without having to move consecutively through items stored in front of the desired data item or file. What kind of access will this storage medium use?

• A) direct
• B) indexed
• C) preconfigured
• D) sequential

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Definitions:

Allocative Efficiency

occurs when resources are distributed in a manner that results in the optimal combination of goods and services produced to match consumer preferences.

Productive Efficiency

The production of a good in the least costly way; occurs when production takes place at the output level at which per-unit production costs are minimized.

Marginal Cost

The charge of crafting one more unit of a product or service.

Product Markets

Markets where goods and services produced by businesses are sold to households.