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Critical Thinking Questions
Case 5-1
One form of software theft is the theft of the software from software manufacturers, which is known as piracy. Because this has historically been rather easy to do, the practice has become very common. As a computer instructor you feel it is your responsibility to explain this practice to students through the use of some examples.
-Which of the following is NOT permissible under a single-user license agreement?
Opportunity Cost
The benefit that is missed or given up when choosing one alternative over another.
Cash Outlay
The total amount of money spent on a particular purchase or investment.
Alternative Investments
Investments in asset classes other than stocks, bonds, and cash, such as real estate, hedge funds, or commodities.
Differential Cost
The variance in price between two different choices or alterations in production volumes.
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