A Primary Feature That a Radio Frequency Identification Device (RFID)

question 37

Multiple Choice

A primary feature that a radio frequency identification device (RFID) tag contains that a bar code does not is that

• A) An RFID tag has write-many capabilities.
• B) An RFID tag can be printed on labels.
• C) An RFID tag number will never be repeated.
• D) An RFID tag is less expensive than a bar code.

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Definitions:

Average Total Cost

The total cost of production divided by the quantity of output produced, indicating the average cost per unit.

Total Output

Total output is the total quantity of goods or services produced by an economy, firm, or machine in a specific period.

Marginal-Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good varies as production volume changes.

Marginal Cost

The variation in overall expenses that occurs with the production of an additional unit.