The _____ Phase of the SDLC Involves Monitoring an Information

question 82

Short Answer

The _____ phase of the SDLC involves monitoring an information system to be sure it meets business needs.

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Definitions:

Profit

The surplus amount after all expenses are deducted from the total income generated by a business or investment.

Price Discrimination

Charging different prices to different buyers for identical products.

Perfectly Price Discriminate

A situation where a seller charges each buyer their maximum willingness to pay, capturing all consumer surplus as profit.

Surplus

A condition where the supply of a product or service surpasses its demand at the existing price.