Match Each of the Following Terms with Its Corresponding Definition

question 71

Multiple Choice

Match each of the following terms with its corresponding definition.
-Upper- and lower-case letters are used in naming an entity type.

• A)unary relationship
• B)ternary relationship
• C)binary relationship
• D)relationship
• E)repeating group
• F)associative entity
• G)disjoint rule
• H)overlap rule
• I)partial specialization rule
• J)total specialization rule

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Definitions:

Herfindahl Index

A measure of market concentration that squares the market share of each firm competing in the market and sums the resulting numbers.

Oligopolistic Industry

A market structure characterized by a small number of large firms dominating the industry, leading to limited competition.

Concentration Ratio

is a measure used to determine the market share of the largest firms within an industry, indicating the degree of market control and competition.

Herfindahl Index

An index reflecting the scale of companies compared to the entire sector and a sign of the level of competitive activity present.