Which Business Application Consists of Hardware, Software, and Data That

question 282

Multiple Choice

Which business application consists of hardware, software, and data that provide location information for display on a multidimensional map?

• A)radio-frequency identification
• B)global positioning systems
• C)geographic information systems
• D)location-based services

---

Definitions:

Average Fixed Cost

The total fixed costs divided by the number of units produced, representing how fixed costs dilute with increased production.

Marginal Cost

Marginal cost is the increase or decrease in the total cost that arises when the quantity produced is incremented by one unit.

Average Variable Cost

The cost of production that varies with the output level, calculated by dividing the total variable costs by the number of units produced.

Average Product

is the output per unit of input, such as the quantity of goods produced per labor hour, and is used to measure productivity.