Unified Modeling Language (UML)has Quickly Replaced the E-R Model as the Most

question 37

True/False

Unified Modeling Language (UML)has quickly replaced the E-R Model as the most popular technique for creating data models.

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Definitions:

Goods and Services

The physical items (goods) and actions or activities (services) that people produce and consume to satisfy their needs and wants.

Willing and Able

Refers to a consumer's readiness and capacity to purchase goods or services at a given price level.

Market System

An economic system in which economic decisions and the pricing of goods and services are guided by the interactions of citizens and businesses.

Goods and Services

The output produced by an economy, including tangible products (goods) and intangible activities (services) that fulfill the needs or wants of consumers.