Which of the Following Is a Business-Related Consequence of Failing

question 108

Multiple Choice

Which of the following is a business-related consequence of failing software?

• A) Decrease productivity
• B) Damage to brand reputation
• C) Incur liabilities
• D) All of the above

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Definitions:

Average Total Cost

The per-unit cost of production, calculated by dividing the total cost of production by the quantity of output produced.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Short-run Marginal Cost Curve

A curve that shows the change in total cost associated with producing one more unit of output in the short term.

Diminishing Marginal Returns

A principle that states as additional units of a variable input are added to fixed inputs, the additional output produced from each new unit eventually decreases.