____ Occurs When Someone Obtains Enough Information About a Person

question 7

Multiple Choice

____ occurs when someone obtains enough information about a person to be able to masquerade as that person for a variety of activities-usually to buy products or services in that person's name.

• A) Data theft
• B) Information theft
• C) Identity theft
• D) Database theft

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Definitions:

Average Revenue

The mean amount of money earned per unit sold, calculated by dividing the total revenue by the quantity of units sold.

Marginal Revenue

The additional income gained from selling one more unit of a product.

Marginal Cost

The cost added by producing one additional unit of a product or service, which is crucial for decision-making in production and pricing.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.