All of the Following Are Major Functions of a Database

question 29

Multiple Choice

All of the following are major functions of a database management system except:

• A) Creating new databases and database applications
• B) Identifying insufficient data processing or storage needs
• C) Maintaining the quality of the data in an organization's databases
• D) Using the databases of an organization to provide the information needed by its end users

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Definitions:

Marginal Revenue

Marginal Revenue is the additional income earned by a firm for selling one more unit of a good or service.

Quantity Sold

The number of units of a product or service that have been purchased by consumers over a specific period.

Perfect Price Discrimination

A pricing strategy where a seller charges the highest price that each consumer is willing to pay, effectively capturing all consumer surplus as profit.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, a measure of producers' benefit.