The Data Dictionary Usually Records and Describes a Default Value,which

question 9

Multiple Choice

The data dictionary usually records and describes a default value,which is the _____.

• A) set of values permitted for the data element
• B) identification of the user(s)responsible for changing values for the data element
• C) specification for the origination point for the data element's value
• D) value for the data element if a value otherwise is not entered for it

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing for adjustment to changes.

Fixed

In economics, pertains to costs that do not change with the level of output or production, such as rent, salaries, and insurance.

Variable

A quantity that can take on more than one value.

Short-Run Average Total Cost Curve

A graphical representation that shows the average total cost of producing different levels of output in the short run, when at least one input is fixed.