A True Data Entity Will Have Many Possible Instances, Each

question 36

True/False

A True data entity will have many possible instances, each with a distinguishing characteristic, as well as one or more other descriptive pieces of data.

---

Definitions:

Tax Revenue

The income that is gained by governments through taxation.

Government

A system or group of people governing an organized community, often a state.

Product

A good, idea, method, information, object, or service created as a result of a process and serves a need or satisfies a want.

Elastic Demand

A situation where the quantity demanded of a good or service significantly changes in response to a change in price.