Which of the Following Is NOT Essential Equipment Needed with a Numeric

question 27

Multiple Choice

Which of the following is NOT essential equipment needed with a numeric filing system?

• A)Consecutive numbered guides
• B)Miscellaneous numeric section  
• C)Outguide
• D)Alphabetic card file  
• E)Accession record

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Definitions:

Utility Function

Formula that assigns a level of utility to individual market baskets.

Corner Solution

Situation in which the marginal rate of substitution of one good for another in a chosen market basket is not equal to the slope of the budget line.

MRS (Marginal Rate Of Substitution)

The rate at which a consumer is willing to substitute one good for another while maintaining the same level of satisfaction.

MRT (Marginal Rate Of Transformation)

The rate at which goods or services can be transformed into other goods or services, reflecting the opportunity cost of shifting resources in production.