Use the Following to Answer Questions

question 246

Multiple Choice

Use the following to answer questions :
Figure: Production Possibility Frontier
-(Figure: Production Possibility Frontier) Look at the figure Production Possibilities Frontier. This production possibility frontier is:

• A)bowed out because of increasing opportunity costs.
• B)bowed in because of increasing opportunity costs.
• C)bowed in because of constant cost of cars and computers.
• D)linear because of constant costs.

---

Definitions:

Big Data

Refers to extremely large datasets that cannot be analyzed, processed, or stored using traditional data processing tools, requiring advanced methods to extract valuable insights.

Velocity

In data analysis, it refers to the speed at which data is being generated, processed, and analyzed.

Cardinality

In database design, refers to the uniqueness and relationships in data modeling, indicating the number of associations between entities.

Entity

In the context of databases and data modeling, an entity is a thing or object of interest for which data is stored, such as a person, place, item, or event.