Data on a Customer Form Could Be Represented on a Data-Flow

question 83

True/False

Data on a customer form could be represented on a data-flow diagram as a data flow.

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Definitions:

Average Variable Cost Curve

A graphical representation showing how the average variable cost changes as the quantity of output is increased.

Firm

An organization that produces goods or services for sale, operating with the aim of making a profit.

Variable Costs

Costs that change in proportion to the level of production or sales volume.

Profit-maximizing Output

The point of production where a company reaches its maximum profit potential.