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The ____ Is Actually a System-Created Database Whose Tables Store

question 24

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The ____ is actually a system-created database whose tables store the user/designer-created database characteristics and contents.


Definitions:

Total Variable Cost

The total of all costs that vary with output level in the short run.

Output

The total amount of goods or services produced by a company, industry, or economy within a specific period.

Total Cost

The aggregate cost of producing a given level of output, including both fixed and variable costs.

Output Level

The total quantity of goods or services produced by a firm or industry within a specific period.

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