An Attribute That Contains a Collection of Related Attributes Is

question 3

Multiple Choice

An attribute that contains a collection of related attributes is called a(n) _______.​

• A)class attribute
• B)​key attribute
• C)compound attribute
• D)​association attribute

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Definitions:

Gross Demands

The total demand for a good or service before accounting for substitutions or complementarity effects.

Budget Line

A budget line represents all the combinations of two goods that a consumer can purchase with a given budget, given the prices of the goods.

Leisure

Free time when one is not working or occupied; time that can be spent on relaxation or hobbies.

Utility Function

A mathematical representation used in economics to model the preference satisfaction or happiness that a consumer derives from consuming goods and services.