Principles Identified in the Agile Manifesto Include

question 87

Multiple Choice

Principles identified in the Agile Manifesto include:

• A) having as its highest priority customer satisfaction through the early and continuous delivery of valuable software.
• B) welcoming changing requirements, even late in development.
• C) the frequent delivery of working software, from a couple of weeks to a couple of months, with a preference to the shorter timescale.
• D) all of the above.
• E) none of the above.

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Definitions:

Average Fixed Cost

The fixed expenses of a business spread out over the total number of units produced, decreasing as production increases.

Total Revenues

The total income generated by a firm from its sales activity, calculated by multiplying the selling price by the quantity sold.

Nonprice Competition

Strategies employed by companies to differentiate their products or services from those of competitors, other than through lowering prices, such as marketing and product quality improvements.

Perfectly Elastic

Describes a market scenario in which the quantity demanded or supplied changes infinitely in response to any change in price.