Match the Term to Its Descriptor

question 58

Multiple Choice

Match the term to its descriptor.
-very large databases that store both historical and current information from a variety of sources and are optimized for fast query answering

• A)clinical data repository
• B)data warehouses
• C)online analytical processing (OLAP) applications
• D)data mart
• E)data mining

---

Definitions:

Price Elasticity

A measure of how the quantity demanded of a good or service changes in response to changes in its price, indicating the sensitivity of consumers to price changes.

Cable Subscribers

Consumers who pay for access to cable television services.

Unit Elasticity

A situation in economics where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time period.