________ Is a Collection of Related Files or Tables Containing

question 69

Multiple Choice

________ is a collection of related files or tables containing data.

• A) A database
• B) A network
• C) Hardware
• D) Software

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Definitions:

Purely Competitive Market

A market structure characterized by many sellers and buyers, homogeneous products, and easy entry and exit, leading to a situation where no single participant has market control.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of output or production in a business.

Total Cost

The aggregate sum of all costs, both fixed and variable, incurred in the production of goods or services.

Output

The total amount of goods or services produced by a company, industry, or economy in a given period.