How Many Tables Are Needed to Implement an REA Data

question 31

Multiple Choice

How many tables are needed to implement an REA data model that has four distinct entities,three M:N relationships and one 1:N relationships in a relational database?

• A)5
• B)7
• C)8
• D)10

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers over a range of prices.

Equilibrium Price

The cost where the amount of products offered matches the amount of products sought by consumers.