Answer:
The correct answer is: Online transaction processing (OLTP).
Explanation:
The acronym OLTP stands for Online Transaction Processing. These procedures facilitate the management of transactional applications for data entry, recovery and processing. It is typical of operational databases, and the software packages used for these technologies are based on the client-server technique. These systems are often used by companies that enjoy a distributed computer network, such as the agents responsible for the supply chain, airlines, banks, industry, etc.
This system optimizes access to data, facilitating the tasks of reading, writing and analysis that are carried out frequently. OLTP procedures structure this data according to its level of application (custom management program, CRM or ERP implemented ...), in addition, they do not have to remain uniform in different departments due to the common lack of compatibility. Finally, they are characterized because the data history is limited to the present or to the most recent.
In this way, the systems of this technology record the business interactions that are produced throughout the daily operation of the organization, admitting the consultation of data for different interventions.
The net income for the year 2022 is: c. $88,000.
<h3>Net income for the year 2022</h3>
Using this formula
Net income=Revenues - Expenses
Let plug in the formula
Net income=$735,000-$647,000
Net income=$88,000
Therefore the correct option is c.
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Answer:
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Answer:
<h2>In this case,an increase in the price of soybeans by 50% while price of corn remaining constant would cause a leftward or upward shift of his supply curve for corn.</h2>
Explanation:
- Price of any product or good usually has a positive or direct relationship with its market supply as the higher price of any product or good can attract higher prospective revenue for any seller or producer of the concerned product or good.
- Hence, as the product or good price goes up, its market supply by the sellers or producers will also consequently increase.
- Now,in this instance, as the price of the soybean increases by 50%,considering the price of corn to be unchanged, the seller or the farmer in this case will produce more soybean and increase soybean supply in the market attracted by the prospect of getting higher revenue from producing and selling soybeans.
- Therefore,if soybeans production becomes more profitable due to higher market price, the farmer will shift to soybean production from corn cultivation and his supply of corn will fall and soybean will increase.This would cause a leftward or upward shift of his supply curve of corn,considering the price of corn and all other relevant market conditions as unchanged or constant.
