When DFDs Are Drawn, Which of the Following Conventions Should

question 65

Multiple Choice

When DFDs are drawn, which of the following conventions should be followed?

• A)each context diagram must fit on one page
• B)use the same names within each set of symbols
• C)do not cross lines
• D)use a unique reference number for each process symbol

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Definitions:

Cobb-Douglas

A mathematical function used in economic models to represent the relationship between two or more inputs and the resulting level of output.

Production Function

A mathematical representation of the relationship between inputs used in production and the output generated from those inputs.

Capital Employed

The total amount of capital used for the acquisition of profits by a firm or project, including the value of all assets employed in a business.

Production Function

A formula that specifies the output generated by a firm from varying combinations of factor inputs.