Which View of Data Deals with How the Data Is

question 71

Multiple Choice

Which view of data deals with how the data is actually formatted and located?

• A) Physical view
• B) Logical view
• C) Information view
• D) Technical view

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Definitions:

Utility Functions

Mathematical representations describing the level of satisfaction or utility that a consumer derives from consuming a good or combination of goods.

Equilibrium

A state of balance in a market, where demand equals supply, and economic forces are at rest.

Welfare Economics

Normative evaluation of markets and economic policy.

Equilibrium

A state in which market supply and demand balance each other, resulting in stable prices and quantities.