Case-Based Critical Thinking Questions Case 3-3

question 92

Multiple Choice

Case-Based Critical Thinking Questions Case 3-3
Ja'nice launched an online jewelry business several months ago to sell her handmade jewelry. As her business expanded, Ja'nice developed product codes for her jewelry and a database to track orders, track supply orders, and maintain customer information.  The tables and fields in her database are illustrated in the figure below.

After choosing the two tables for the new query, Ja'nice must relate the two tables using a common field.  What is the common field between the two tables?

• A) Product ID
• B) Customer ID
• C) Date
• D) Product

Interpret the significance of price salience on demand elasticity.

Analyze how total utility is achieved through the consumption of goods and services.

Apply the concept of utility maximization to diverse goods to determine consumer choice.

Solve problems related to optimal consumption bundles under budget constraints.

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Definitions:

Productivity

The measure of efficiency in converting inputs into useful outputs, commonly evaluated in terms of the rate of output per unit of input.

Icons

Graphic symbols used to represent applications, functions, or features on a computer interface.

Alphabetical

An ordering scheme based on the sequence of letters in the alphabet, commonly used for sorting lists of words or names.

Contiguously

In a manner that involves elements being continuous or connected in sequence without interruption or gaps.