Mr Smith Told His Client, Mr

question 32

Multiple Choice

Mr. Smith told his client, Mr. Jabar, who was not an IT expert, that the new software systems were much better than his existing ones. To convince Mr. Jabar, Mr. Smith used a great deal of technical jargon that his client did not really understand. Mr. Smith did this intentionally to confuse Mr. Jabar. This is an example of

• A)false advertising.
• B)implied falsity.
• C)omission lying.
• D)noise.
• E)surrogate lying.

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Definitions:

Resource Inputs

The basic materials and components required in the production process to create goods or services.

Product Outputs

Product outputs refer to the goods or services produced as a result of manufacturing processes or business activities.

Total Costs

The total expense of production, encompassing both non-changing and changing costs.

Average Product

The output per unit of input, calculated by dividing total product by the total quantity of input used to produce that output.