Implementation of This REA Diagram into a Relational Database Would

question 17

Multiple Choice

Implementation of this REA diagram into a relational database would require how many tables?

• A) 12
• B) 13
• C) 8
• D) 9

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Definitions:

Equilibrium Price

The price in the market where the amount of products offered matches the amount of products desired.

Socially Optimal

A condition or outcome that is most efficient and beneficial for society as a whole, often considered in economic policies and strategies.

Tobacco Industry

A sector comprising companies that grow, manufacture, and sell tobacco products.

Equilibrium Price

The market price at which the quantity of goods supplied equals the quantity of goods demanded, leading to market stability.