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The Relation Model Where Data Are Stored in One or More

question 54

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The relation model where data are stored in one or more relations or tables containing attributes emerged in the early


Definitions:

Production Possibilities Frontier

A graphical representation that shows the maximum combination of goods and services that can be produced with a fixed amount of resources.

Rate Of Trade-off

The rate at which one factor must be decreased in order to increase another factor, commonly used in the context of opportunity cost.

Resources

Assets or inputs used in the production of goods and services, such as labor, capital, and natural resources.

Opportunity Cost

The loss incurred by rejecting the immediate best alternative when arriving at a decision.

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