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Identify the Letter of the Choice That Best Matches the Phrase

question 2

Essay

Identify the letter of the choice that best matches the phrase or definition.
a.variable
f.macro
b.enabled
g.VBA code
c.macro-enabled
h.virus
d.constant
i.disabled
e.operator
j.automatic
-An item whose value remains unchanged during program execution.


Definitions:

Business-stealing Externality

A situation where a new entrant in a market captures a portion of the incumbent firms' customers, causing economic losses to existing businesses.

Product-variety Externality

An economic effect where the variety of products available in the market impacts the welfare of consumers, often positively.

Efficient Scale

The level of production at which average total costs are minimized, indicating the most cost-effective scale of operation.

Marginal Cost

The expenditure required to produce one more unit of a particular product or service.

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