Which of the Following Is a True Statement

question 53

Multiple Choice

Which of the following is a True statement?

• A) Mandatory features screen out possible solutions; essential features are the important capabilities of a system that will serve as the primary basis for comparison of different design strategies.
• B) Essential features screen out possible solutions; mandatory features are the important capabilities of a system that will serve as the primary basis for comparison of different design strategies.
• C) Mandatory features screen out possible solutions; essential features are those that users could live without.
• D) Essential features screen out possible solutions; mandatory features are those that users could live without.
• E) Desired features screen out possible solutions; mandatory features are the important capabilities of a system that will serve as the primary basis for comparison of different design strategies.

---

Definitions:

Allocative Efficiency

occurs when resources are distributed in a manner that results in the optimal combination of goods and services produced to match consumer preferences.

Productive Efficiency

The production of a good in the least costly way; occurs when production takes place at the output level at which per-unit production costs are minimized.

Marginal Cost

The charge of crafting one more unit of a product or service.

Product Markets

Markets where goods and services produced by businesses are sold to households.