Use the Figure Below to Answer the Following Questions

question 44

Multiple Choice

Use the figure below to answer the following questions.
Table 3.5.2
-Refer to Table 3.5.2.The equilibrium price is $_______ and the equilibrium quantity is _______ cups a day.

• A)1.30; 1200
• B)0.90; 1000
• C)1.10; 800
• D)1.00; 800
• E)1.10; 900

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Definitions:

Binary Digit

Also known as a "bit," it is the smallest unit of data in computing, representing two possible values: 0 or 1.

Information

Data that has been processed or structured in a way that is meaningful to the person receiving it, often used for decision-making.

Eight Binary Digits

Often referred to as a byte, the fundamental unit of digital data storage.