_________ Are Used Mostly in Applications Where Timeliness of Information

question 30

Multiple Choice

_________ are used mostly in applications where timeliness of information is critical and where data are rarely processed exhaustively.

• A) Indexed files
• B) Indexed sequential files
• C) Sequential files
• D) Hashed files

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Definitions:

Consumer Surplus

The variance between the aggregate sum consumers can and will pay for a good or service and the sum they truly pay.

Toothpaste Market

The overall market for toothpaste, encompassing the production, distribution, and sales of toothpaste products to consumers.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved due to market distortions.

Subsidy Payments

Financial support given by a government or organization to lower the price of a product or service or to support a business or economic sector.