Which of the Following Statements Best Represents a Disadvantage of Using

question 2

Multiple Choice

Which of the following statements best represents a disadvantage of using the systems development life cycle?

• A)It is the only methodology available for systems design projects.
• B)Its steps should be completed in a very specific order.
• C)It minimizes user involvement in the system.
• D)All of these are disadvantages of the SDLC.

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Definitions:

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved due to market inefficiencies or interventions.

Tax Per Unit

A tax that is levied on a product based on the amount of the product sold, not on its value.

Consumer Surplus

The incongruity between what consumers are willing to expend on a good or service and what they truly expend.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual amount they receive.