To Determine If an Information System Delivers a Net Savings

question 82

True/False

To determine if an information system delivers a net savings in costs, the cost of developing and operating the information system will need to be offset against the gains in reduced errors and paper, ink, and printing costs.

Analyze the relationship between output and costs using average and marginal measures.

Identify the effects of labor and capital inputs on production costs.

Assess how changes in production levels affect total, average, and marginal costs.

Distinguish between diminishing and increasing marginal product.

---

Definitions:

Poor Nutrition

A state of receiving insufficient nutrients from the diet, leading to various health issues.

Anemia

A condition in which there is a deficiency of red cells or of hemoglobin in the blood, resulting in pallor and weariness.

Diminished Oxygen

A state in which the level of oxygen in the blood or body tissues is lower than normal, also known as hypoxemia.

Topical Antibiotics

Medications applied to the skin to prevent or treat bacterial infections.