Refer to the Information Provided in Table 3 -Refer to Table 3

question 152

Multiple Choice

Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1
$$\begin{array} { | c | c | c | } \hline \text { Price per Pizza } & \begin{array} { c } \text { Quantity Demanded } \\\text { (Pizzas per Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Pizzas per Month) }\end{array} \\\hline \$ 3 & 1,200 & 600 \\\hline 6 & 1,000 & 700 \\\hline 9 & 800 & 800 \\\hline 12 & 600 & 900 \\\hline 15 & 400 & 1,000 \\\hline\end{array}$$
-Refer to Table 3.1. If the price per pizza is $12, there is an excess

• A) demand of 400 pizzas.
• B) demand of 600 pizzas.
• C) supply of 300 pizzas.
• D) supply of 900 pizzas.

Distinguish between formal and informal contracts.

Know the difference between unilateral and bilateral contracts.

Understand the implications of contract law on the functioning of a market economy.

Comprehend the significance of terms of service agreements in the digital age.

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Definitions:

Windows Vista

An operating system by Microsoft, released in January 2007, known for its improved security features but criticized for performance issues.

OS

Operating System, the essential software that manages computer hardware and software resources, providing common services for computer programs.

Windows Firewall

A software component of Microsoft Windows that provides firewalling and packet filtering functions, aiming to protect computers from unauthorized network access and cyber threats.

Ping Messages

A network utility tool used to test the reachability of a host on an Internet Protocol (IP) network.