A Product Backlog

question 37

Multiple Choice

A product backlog:

• A)Shows remaining work in the sprint backlog.
• B)Is controlled by the customer.
• C)Shows what has been ordered to complete the project but not yet received from suppliers.
• D)Is a constantly evolving list.

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Definitions:

Marginal Utility

The additional satisfaction or benefit received by a consumer from consuming one more unit of a good or service.

Consumer Equilibrium

A state in microeconomics where a consumer achieves the highest satisfaction possible, given their income constraints and prices of goods and services.

Prices

The amount of money required to purchase a good or service, reflecting the value placed on it by the market.

MU/P

The ratio of marginal utility (MU) to price (P), representing the additional satisfaction gained per unit of currency spent.