Using Both a Token/biometric and Your Personal Password Is an Example

question 21

Multiple Choice

Using both a token/biometric and your personal password is an example of ________.

• A)Two-factor authentication
• B)Two-factor authorization
• C)Multi-factor authentication
• D)Multi-factor authorization

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Definitions:

Marginal Cost

The rise in expense associated with the production of an extra good or service unit.

Marginal Rate of Substitution

The measure of how much of one good a consumer can give up in favor of another, without impacting their level of well-being.

Socially Efficient

A situation in which an outcome benefits society as a whole and resources are allocated in the most beneficial manner from a societal perspective.

Marginal Cost

The increase in total cost that arises from producing one extra unit of a good or service.