A Piece of Text Copied from the Main Body of the Document

question 65

Multiple Choice

A piece of text copied from the main body of the document and formatted as a large, eye-catching visual element is known as a

• A)boilerplate.
• B)pull quote.
• C)template.
• D)style sheet.

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Definitions:

Market Quantity

The total amount of goods or services available for purchase within a specific market.

Consumer Surplus

The divergence in total potential expenditure consumers are ready to make on a good or service against actual expenses incurred.

Welfare Economics

A branch of economics that focuses on the optimal allocation of resources and goods and aims to evaluate social welfare.

Equilibrium Price

The cost point where the amount of a product or service sought by consumers matches the amount available from producers.