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Match Each of the Following Terms with Its Corresponding Definition

question 119

Multiple Choice

Match each of the following terms with its corresponding definition.
-A many-to-many (or one-to-one) relationship that the data modeler chooses to model as an entity type with several associated one-to-many relationships with other entity types.


Definitions:

Raise Price

The act of increasing the cost at which a good or service is sold, which can affect demand, revenue, and profit margins.

Lose Sales

The phenomenon of experiencing a reduction in the number of units sold or in total revenue.

Competitive Price-searcher

A market condition where businesses actively seek to determine the optimal pricing of their goods or services relative to their competitors to gain market share.

Entry Barriers

Obstacles that make it difficult for new competitors to enter a market.

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