A Disadvantage of Alphabetic Derivation Codes Is That

question 64

Multiple Choice

A disadvantage of alphabetic derivation codes is that:

• A) there is no meaning inherent in the code.
• B) there may be names that do not have the minimum required number of consonants in the name or description.
• C) there are not enough attributes in the data to form a code.
• D) there is no way to obtain information from a part of the code.
• E) there is no way to sort on any of the data.

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Definitions:

Marginal Revenue

The plus income from the sale of one more unit of a good or service.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices or terms, leading to an efficient allocation of resources.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a stable market condition.

Marginal Cost

The expenditure required to produce an additional single unit of a product or service.