_________________________ Allows Users at Different Sites to Use and Modify

question 30

Short Answer

_________________________ allows users at different sites to use and modify copies of a database and then share their changes with the other users.

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Definitions:

Purely Competitive Economy

An idealized market structure where many firms sell identical products, entry and exit are easy, and no single buyer or seller can influence the market price.

Economic Profit

Sales minus explicit costs and implicit costs.

Competition

The rivalry among businesses to sell their goods and services to consumers, typically considered healthy for stimulating innovation and keeping prices competitive.

Natural Scarcity

Refers to the finite availability of resources that are limited by nature and cannot be replaced or regenerated quickly enough to meet the increasing demand.