Examlex

Solved

Each Customer Has One Book Rep,but Each Book Rep Can

question 49

True/False

Each customer has one book rep,but each book rep can have many customers.This is an example of a one-to-many relationship.


Definitions:

Equilibrium Quantity

Equilibrium Quantity is the quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance.

Demand Curve

A chart that demonstrates how the demand for a product changes in response to its price during a particular period.

Supply

The overall quantity of a particular product or service accessible to buyers.

Demand Curve

A depiction in graphic form that illustrates the link between the cost of a merchandise and the volume of demand from buyers.

Related Questions