What Type of Machine Is Controlled by a Computer and Can

question 57

Multiple Choice

What type of machine is controlled by a computer and can do a variety of tasks, such as drilling, boring, or turning parts of different sizes and shapes?

• A) numerically controlled
• B) variable turning
• C) flexible driven
• D) non-calculating
• E) next component

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Definitions:

Average Total Costs

The total cost of production (fixed plus variable costs) divided by the quantity of output produced.

Market Price

The present rate at which a service or asset is available for purchase or sale in a specific market.

Marginal Revenue

The revenue increase resulting from the sale of one extra unit of a good or service.

Marginal Cost

Expenses accrued from the creation of one more product or service unit.