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Case Based Critical Thinking Questions Case 5-2
Carlos has developed a database for his organic farm. The farm sells organic produce and meat. In addition to the retail sales of his products, he offers cooking demonstrations five times each month for a small fee. The demonstrations are limited to 10 people. The database contains the following tables: Products, ProductPrices, ProductCosts, Suppliers, Customers, and CookingDemos. The Products, Product Prices, Product Costs and Suppliers tables are related using the ProductID field. The Customers and CookingDemos tables are related on the CustomerID field. Carlos needs to make some decisions using his database. Determine the best method for Carlos to use to achieve the results he wants.
Carlos would like to create a query based on the Customer table that allows him to type in the name of the cooking demonstration for which the query will run. Which type of query should Carlos create so that he can type in the name of the cooking demonstration before the query runs?
Profit-Maximizing Quantity
The level of output at which a company can make the highest possible profit, considering its cost structures and market price.
Technological Advance
The process of introducing new technology or improving existing technology which significantly increases efficiency, productivity, or outcomes in various fields.
Labor
The effort by humans to produce goods or provide services in the economy.
Profit-Maximizing Quantity
The level of output at which a company can achieve the highest possible profit, where marginal revenue equals marginal cost.
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