Match the Terms with Their Descriptors

question 11

Multiple Choice

Match the terms with their descriptors.
-uniform uses of common terms and common methods for sharing data

• A)data model
• B)concurrency control
• C)access control
• D)integrity control
• E)data standards
• F)information system
• G)interface
• H)EDI (electronic data interchange)
• I)Health Level Seven (HL7)
• J)ASC X12

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Definitions:

Demand Curve

A graph that illustrates the relationship between the price of a good or service and the quantity demanded by consumers at various prices, typically sloping downward from left to right.

Cost Functions

Mathematical relationships that express how a firm’s costs depend on the quantity of output it produces.

Economic Profits

The surplus or profits generated by a firm after accounting for both explicit and implicit costs.

Fixed Cost

Expenses that do not change with the level of output produced, such as rent or salaries.