The Process of Reading an Actual Database Schema and Producing

question 31

True/False

The process of reading an actual database schema and producing a data model from that schema is called reverse engineering.

Understand the legal definitions and implications of tying contracts, price-fixing, and monopolistic practices.

Identify the roles and functions of the Federal Trade Commission (FTC) and the Department of Justice in enforcing antitrust laws.

Differentiate between the major antitrust laws: Sherman Act, Clayton Act, Federal Trade Commission Act, and Celler-Kefauver Act.

Recognize the legal consequences for violations of antitrust laws, including the concept of treble damages.

---

Definitions:

Long-Run Adjustments

Refers to changes that firms in an industry make in response to economic opportunities or constraints, involving adjustments in production capacity or resource utilization over time.

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Upsloping Line

A graphical representation indicating positive correlation between two variables; as one variable increases, so does the other.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping.