Which of the Following Statements Regarding GPS Is Most Accurate

question 84

Multiple Choice

Which of the following statements regarding GPS is most accurate?

• A)GPS applications are primarily limited to ultimate consumers (owners of GPS units) who are trying to find directions.
• B)GPS systems are still quite cost prohibitive and difficult to use; they are more suited for corporate use than for personal use.
• C)GPS systems are currently under fire for creating an information monopoly.
• D)GPS systems can be used not only for finding directions, but can be used by friends playing "tag," and manufacturers and suppliers tracking deliveries.
• E)Although very profitable at the height of their popularity, new applications for GPS use are limited.

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Definitions:

Marginal Product

The increase in output that arises from an additional unit of input, holding all other inputs constant.

Power Cords

Electrical cables used to connect appliances and electronic devices to the main electricity supply in order to power them.

Fifth Worker

An example used in economics to illustrate the principle of diminishing returns, where the addition of a fifth worker may lead to a lesser increment in output than the fourth.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, keeping all others constant.