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An Activity Diagram Shows the Conditional Logic for the Sequence

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An activity diagram shows the conditional logic for the sequence of system activities needed to accomplish a business process.


Definitions:

Aggregate Supply Curve

A graph showing the relationship between the total quantity of goods and services that producers are willing to supply at different price levels.

Cyclical Unemployment

Unemployment that results from business cycle fluctuations in the economy, typically increasing during recessions and decreasing during expansions.

Idle Capacity

The portion of a business's resources that is not being utilized to its full potential in production or service delivery.

Aggregate Supply Curve

Represents the total supply of goods and services that firms in an economy are willing to sell at a given price level in a certain time period.

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