Which of the Following Is True of Information Systems

question 32

Multiple Choice

Which of the following is true of information systems?

• A) They are off-the-shelf software without adaptation.
• B) They can be adapted to fit business needs.
• C) They cannot be purchased as off-the-shelf software.
• D) They cannot be tailor made.

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Definitions:

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced.

Marginal Cost

The change in total production cost that arises when the quantity produced is incremented by one unit.

Average Total Cost

The total cost of production divided by the number of units produced, which includes both fixed and variable costs.

Average Total Cost

The total cost divided by the number of goods or services produced, representing the per unit cost of production.