-Refer to the Physical DFD in the Previous Question

question 45

Multiple Choice

-Refer to the physical DFD in the previous question.How many data stores are updated by the computer?

• A)5
• B)4
• C)3

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Definitions:

Wage Rate

The wage rate is the amount of money paid for a specific quantity of labor or service, often expressed per hour, day, or piece.

Purely Competitive

A market structure characterized by a large number of firms producing homogeneous products with no single firm influencing the market price or supply.

Variable Input

An input in the production process that changes in quantity with variations in the level of output.

Purely Competitive

Market structures characterized by a large number of small firms, a homogeneous product, and easy entry and exit that ensures no single buyer or seller can influence the market.