COGNITIVE ASSESSMENT Which of the Following Is NOT True About

question 69

Multiple Choice

COGNITIVE ASSESSMENT Which of the following is NOT true about databases?

• A) Each column contains data about a given item in the database, such as a person or product.
• B) Much of the information you access on the web is stored in databases.
• C) A database consists of a collection of tables.
• D) You can create forms and reports using data in a database.

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Definitions:

Total Revenue

The gross revenue of a company, being the entire sum of income from goods or services sold, prior to the deduction of any costs.

Marginal Cost

The extra expense associated with the production of an additional unit of a product or service.

Profit-Maximizing Price

The price at which a firm can maximize its profits, determined by the market structure and demand elasticity.

Profit-Maximizing Price

The price at which a company can sell its product to achieve the maximum possible profit.