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A Database Is a Self-Describing Collection of Integrated Records

question 107

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A database is a self-describing collection of integrated records.


Definitions:

Output

The sum of all goods or services created by an enterprise, industry, or the economy over a certain period.

Economic Profits

The profit or loss calculated by taking out both straightforward and assumed expenses from total income.

Purely Competitive

A business environment marked by the proliferation of many small enterprises, a uniform product, and effortless procedures for both entry and exit.

Market Price

The ongoing rate at which a service or asset is traded in a particular market.

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