Big Data Includes

question 100

Multiple Choice

Big Data includes:

• A) large volumes of data with many different data types that are processed at very high speeds.
• B) large volumes of data entry with a single data type processed at very high speeds.
• C) large volumes of entity relationship diagrams (ERD) with many different data types that are processed at very high speeds.
• D) large volumes of entity relationship diagrams (ERD) with a single data type processed at very high speeds.

---

Definitions:

Short-Run Marginal Cost

The cost incurred by producing one additional unit of a product or service in the short run, where some factors are fixed.

Government Regulations

Laws and rules established by governmental agencies to control or modify economic behavior, protect consumers, or preserve natural resources.

Resource Prices

The cost of inputs used in the production of goods or services, such as raw materials, labor, and energy.

Sunk Costs

Costs that have already been incurred as a result of past decisions. They are sometimes referred to as historical costs.