Examlex
The rational consumer chooses a combination of two goods that is on the budget constraint and is tangent to the highest indifference curve possible.
Nominal
Pertaining to data classification where categories are named in an unordered manner, used for qualitative, non-numerical information.
Level Of Measurement
The nature of information within data, including nominal, ordinal, interval, and ratio categories, reflecting the degree of quantitative information they hold.
Learning Management System
A software application for the administration, documentation, tracking, reporting, and delivery of educational courses, training programs, or learning and development programs.
Software Application
A program or suite of programs designed to perform a specific task or solve specific problems for users.
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