ABC RETAILER Observe the ER Diagram for the ABC Retailer

question 38

Multiple Choice

ABC RETAILER
Observe the ER diagram for the ABC Retailer:

This ER diagram will be used for the following questions citing ABC Retailer ER Diagram.
-Which of the following is true according to the ABC Retailer ER diagram?

• A)A brand can have many products but it does not have to have any products
• B)A brand can have many products and it has to have at least one product
• C)Each brand is associated with exactly one product
• D)A brand is not associated with any products

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Definitions:

Replacement Costs

The cost to replace an asset at its current value without deduction for depreciation.

Repair Costs

The expenses incurred in fixing or maintaining equipment, machinery, or buildings to ensure their proper functioning and longevity.

Sinking Funds

A fund established by an entity to set aside money over time for the purpose of paying off debt or a major expense.

Marginal Revenue Curves

These are graphs that show the relationship between the amount of output a firm sells and the revenue it gains from selling an additional unit of output.