Acceptance Testing Means

question 25

Multiple Choice

Acceptance testing means:

• A) Testing after changes have been made to ensure that no unwanted changes were introduced
• B) Testing performed on a single stand-alone module or unit of code
• C) Testing to ensure that the system meets the needs of the organization and the end user.

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Definitions:

Price-taker Market

A market condition where individual sellers or buyers cannot influence the price of goods or services and must accept the prevailing market price.

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Average Variable Cost

The total variable cost divided by the quantity of output produced; it represents the variable cost per unit of output.

Marginal Revenue

The additional income earned from selling one more unit of a good or service, a key factor in decision-making for producing additional units.