Ramesh Has Drawn a Set of DFD's That Are Not

question 74

Multiple Choice

Ramesh has drawn a set of DFD's that are not properly balanced.This is probably a:

• A)Syntax error
• B)Semantic error
• C)Modeling error
• D)First law of conservation of data error
• E)Second law of conservation of data error

---

Definitions:

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making at least one individual worse off, maximizing total social welfare.

Oligopolistic Firms

Companies operating in a market structure characterized by a small number of entities dominating the industry, often resulting in limited competition.

Collusively

Acting in a coordinated manner, often secretly, between firms to set prices or market conditions, usually to the detriment of competition.

Oligopolistic Firms

Companies that operate in a market structure characterized by a small number of firms dominating the market, leading to limited competition.