Examlex

Solved

Match Each of the Following Terms with Its Corresponding Definition

question 55

Multiple Choice

Match each of the following terms with its corresponding definition.
-An entity type that associates the instances of one or more entity types and contains attributes that are peculiar to the relationship between those entity instances


Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that producers are willing to sell, holding all else constant.

Levied

Imposed, typically referring to taxes or duties.

Equilibrium Quantity

The level of goods or services offered that equals the quantity consumers are willing to buy at the equilibrium price in the market.

Tax Revenue

The financial benefits governments realize from taxation.

Related Questions