According to the ________,A Majority of Data Is Seldom Accessed

question 97

Multiple Choice

According to the ________,a majority of data is seldom accessed after a 3-month period.

• A)Principle of data in context
• B)Principle of 90/90 data use
• C)Principle of diminishing data value
• D)Principle of data quality

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Definitions:

Variable Cost

Expenses that change in proportion to the amount of goods or services produced, like labor and materials.

Diseconomies of Scale

occur when a company or production process becomes less efficient as it scales up, leading to increased average costs per unit.

Minimum Efficient Scale

The smallest level of production at which a firm can achieve the lowest long-term average cost, allowing it to be competitively viable.

3-D Printers

3-D printers are machines that create three-dimensional objects by adding material layer by layer, based on digital models.