Which of the Following Will Produce the Minimum of All

question 33

Multiple Choice

Which of the following will produce the minimum of all standard prices?

• A) Select standard_price from product_v where standard_price = min;
• B) Select min(standard_price) from product_v;
• C) Select standard_price from min(product_v);
• D) Select min(standard_price) from product_v where standard_price = min(standard_price);

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Definitions:

Supply

the total amount of a specific good or service that is available to consumers.

Inferior Good

A type of good for which demand decreases as the income of the individual increases, inversely related to income.

Normal Good

A good for which demand increases as the income of the consumer increases, reflecting a direct relationship between income and demand.

Income Increases

A rise in the amount of money earned by individuals or households, often measured on an annual basis.