The Computer Security Act Charges the National Bureau of Standards,in

question 20

Essay

The Computer Security Act charges the National Bureau of Standards,in cooperation with the National Security Agency (NSA),with the development of five standards and guidelines establishing minimum acceptable security practices.What are three of these principles?

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Definitions:

Optimal Factor Mix

The most efficient combination of resources and inputs a firm uses to produce goods or services at the lowest cost.

Resource Markets

Markets where productive inputs, such as labor, natural resources, and capital, are bought and sold.

Productivities

The levels of output or efficiency achieved from a set amount of inputs in production or work processes.

Profit-Maximizing

The process where a firm adjusts its production to achieve the highest possible profit given its constraints.