Which of the Following Is Not an Example of an Advantage

question 263

Multiple Choice

Which of the following is not an example of an advantage to using the web to access organizational databases?

• A) Web browsers are much easier to use than a computer based database.
• B) The web interface requires few or no changes to the database model.
• C) It is cleaner and virus-free.
• D) It costs less.

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Definitions:

Production Function

An equation or model that describes the relationship between inputs used in production and the output produced.

Diminishing Returns

The principle stating that if one factor of production is increased while others remain constant, the overall returns will incrementally decrease after a certain point, leading to reduced efficiency.

Decreasing Returns to Scale

A situation in which a proportional increase in all inputs results in a less-than-proportional increase in output.

Cobb-Douglas Production Function

The Cobb-Douglas Production Function is an economic model representing the relationship of an output to inputs, typically showing how labor and capital contribute to the production process in a way that reflects diminishing returns.