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In Information Security,two Categories of Benchmarks Are Used: Standards of Due

question 2

Multiple Choice

In information security,two categories of benchmarks are used: standards of due care and due diligence and ____ practices.

Definitions:

Long-run Cost Function

A mathematical representation that shows the lowest possible cost of producing different levels of output when all input factors can be varied.

Experience

The knowledge or skill acquired by a period of practical involvement in or exposure to events or activities.

Units Produced

The total quantity of products manufactured or produced by a company or an industry within a specific period.

Variable Cost Function

A mathematical representation of the variable costs incurred by a firm, showing how these costs change with the level of output.