A Form of Database That Holds a Duplicate Set of Frequently

question 45

Multiple Choice

A form of database that holds a duplicate set of frequently used data and that helps reduce telecommunications costs.

• A) Relational
• B) Distributed
• C) Replicated
• D) Virtual

---

Definitions:

Perfectly Competitive

A market structure characterized by many buyers and sellers, free entry and exit, homogeneous products, and perfect information among consumers and producers.

Perfect Competitor

A theoretical market structure characterized by many buyers and sellers, homogeneous products, and no barriers to entry or exit, leading to perfect information and no control over prices.

Short Run

In economics, a period in which at least one input, such as plant size, cannot be changed; distinct from the long run where all inputs can be varied.

Long Run

A period in economics during which all factors of production and costs are variable, allowing for full adjustment to changes.