What Measures How Quickly a System Performs a Process or Transaction

question 164

Multiple Choice

What measures how quickly a system performs a process or transaction?

• A) Portability
• B) Capacity planning
• C) Performance
• D) Sustainability

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Definitions:

Profit-Maximizing

A strategy or point at which a business achieves its highest possible profit, with an optimal level of output and pricing.

Loss-Minimizing

A strategy or approach aimed at reducing the amount of losses incurred in business operations or investments.

ATC

Average Total Cost is the total cost divided by the number of goods produced, indicating the cost per unit of output.

MC

Marginal Cost; the cost added by producing one additional unit of a product or service, essentially the cost of producing one more of something.