One Guideline for Creating an Effective System Flowchart Is to Show

question 33

Essay

One guideline for creating an effective system flowchart is to show the source and disposition of all major documents and copies of those documents. What are four other guidelines?

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Definitions:

Consumer Surplus

The distinction between the total sum consumers are ready and financially equipped to pay for a product or service, and the sum they actually end up paying.

Consumer Surplus

The variegation between the preferred payment amount by consumers for a good or service and their final payment amount.

Producer Surplus

The discrepancy between the price at which producers are prepared to sell a product and the actual price they obtain.

Consumer Surplus

A mismatch between the price consumers feel prepared to pay for a good or service, and the actual outlay.