What Does the DBMS Software Do

question 9

Essay

What does the DBMS software do?

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Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a product or service.

Marginal Cost

The price of making one more unit of a certain product.

Government Regulation

Rules or directives made and maintained by a government to regulate behavior or enforce standards in various fields.

Centrally Planned Economies

Economic systems in which the government or a central body makes all decisions about the production and distribution of goods and services.