Examlex
In representing a 1:N relationship in a relational database design,the key of the table representing the parent entity is placed as a foreign key in the table representing the child entity.
Bliss Point
A term in psychology and economics indicating the optimal level of consumption where any further increase would lead to dissatisfaction.
Good Y
A symbolic representation often used in economics to denote a particular good or commodity in theoretical models and analyses.
Perfect Substitutes
Goods that can be used in place of each other with no loss of utility or preference by consumers.
Coke and Pepsi
Refers to a classic example of duopoly in economics, representing competition between two dominant firms in a market.
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