COGNITIVE ASSESSMENT Which of the Following Statements Is Not True

question 86

Multiple Choice

COGNITIVE ASSESSMENT Which of the following statements is not true about multidimensional databases?

• A) The number of dimensions in a multidimensional database varies.
• B) Most multidimensional databases use a standard query language.
• C) Nearly every multidimensional database has a dimension of time.
• D) A multidimensional database can consolidate data much faster than a relational database.

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Definitions:

Perfectly Competitive Firm

A theoretical business entity in an idealized market structure where no single firm can influence the price of its product, due to the presence of numerous sellers offering perfectly substitutable products.

Non-Price Competition

A market strategy where businesses attempt to attract customers through methods other than lowering prices, such as product differentiation and marketing.

Barriers

Obstacles or impediments that prevent or hinder access, movement, or progress within a particular area or context.

Perfect Competition

A market structure characterized by an infinite number of small firms, identical products, no barriers to entry or exit, and perfect information among buyers and sellers.