Which of the Following Statements About the E

question 16

Multiple Choice

Which of the following statements about the E.U. General Data Protection Regulation (GDPR) is not true?

• A)The GDPR replaces the E.U.'s existing Data Protection Directive.
• B)The GDPR applies to any firm operating in any E.U. country.
• C)The GDPR eliminate the right to be forgotten.
• D)The GDPR limits the ability of companies to use data for purposes other than those for which it was collected.

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, leading to a reduction in the per-unit cost of production.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, indicating the cost per unit of output.

Operation Size

The scale or scope of a business's activities, ranging from small, single-location operations to large, multinational corporations.

Diseconomies of Scale

A situation where a company or organization grows so large that the costs per unit increase.