Contents of the PROMOTION Table​

question 131

Multiple Choice

Contents of the PROMOTION table​
​
-Based on the contents of the PROMOTION table,which of the following will correctly change the value assigned to the MAXRETAIL column for Free Shipping to 75.00?​

• A) ​INSERT INTO promotion (maxretail) VALUES (75) WHERE gift = 'FREE SHIPPING';
• B) ​UPDATE promotion (maxretail) SET = 75 WHERE gift = 'FREE SHIPPING';
• C) ​UPDATE promotion SET maxretail = 75 WHERE gift = 'FREE SHIPPING';
• D) ​none of the above

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Definitions:

Antitrust Laws

Regulations established to encourage competition by limiting monopolies, price fixing, and other practices detrimental to free market economics.

Herfindahl Index

The Herfindahl Index is a measure of market concentration, calculated by summing the squares of the market shares of all firms in the industry.

Clayton Act

A U.S. antitrust law passed in 1914, aimed at promoting competition and preventing monopolies by prohibiting certain actions that could lead to anti-competitive practices.

Antitrust Authorities

Governmental bodies responsible for enforcing laws that promote competition and regulate against monopolistic and unfair business practices.