The Forked Lines on the Lines Representing Relationship Between Two

question 54

Multiple Choice

The forked lines on the lines representing relationship between two related entities are referred to as ________.

• A) identifiers
• B) foreign keys
• C) crow's feet
• D) entities
• E) switch

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases.

Income-Consumption Curve

A graphical representation showing how changes in a consumer's income affect their spending behaviors on different goods.

Marginal Utility

The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Budget Constraint

A budget constraint outlines the mix of goods and services a consumer is able to buy, based on their income and the prices of those goods and services.