This Determines the Correctness of the Logical Relationship Between Two

question 57

Multiple Choice

This determines the correctness of the logical relationship between two data items.

• A) Range check
• B) Reasonableness test
• C) Sign check
• D) Size check

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Definitions:

Market System

Refers to the network of buyers, sellers, and other actors that come together to trade in a given product or service.

Ultimatum Game

An economic experiment in which two players decide how to divide a sum of money; one proposes the split, and the other accepts or rejects it, demonstrating negotiation and fairness standards.

Utility

Numerical score representing the satisfaction that a consumer gets from a given market basket.

Distribution

The process of making a product or service available for use or consumption by a consumer or business user.