The Frequency with Which Stored Data Is Updated Is Known

question 35

Multiple Choice

The frequency with which stored data is updated is known as ____.

• A) response time
• B) satisfaction time
• C) throughput
• D) data volatility
• E) data volume

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Definitions:

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of a product or service.

Sales Price

The amount of money a buyer pays to purchase a product or service.

Monopolist

A market participant that is the sole provider of a product or service, possessing significant market power to set prices.

Economic Profits

The gap between the total income a business generates and all of its expenditures, taking into account both direct and hidden costs.