The following database will be used in this question:
GENERAL SALES DATABASE:
SALESREP
CUSTOMER
Explain the use of the SQL statement CREATE TABLE.Do NOT discuss the ALTER statement in your answer,but DO include an example based on the SALESREP table in the General Sales database.
Definitions:
Oligopoly Market
A market structure characterized by a small number of large firms dominating the market, with significant barriers to entry for new competitors.
Marginal Revenue Curve
The marginal revenue curve represents the change in total revenue that results from selling one more unit of a product.
Crude Oil Production
The process of extracting oil from underground reservoirs and preparing it for refining into usable products such as gasoline, diesel, and other petrochemicals.
Effective Collusion
coordination between competing firms to control prices or market shares in a way that benefits the entities involved, often at the expense of fair market competition.
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