Table 7.1.1
Glazeland's Doughnut Market
-Table 7.1.1 shows Glazeland's doughnut market before international trade.Glazeland opens up to international trade.If the world price is $0.60,then Glazeland will produce ________ doughnuts and will ________ doughnuts.
Definitions:
Decimal Numbers
Numbers expressed in base 10, utilizing digits 0 through 9 for representing quantities.
Bits
The smallest unit of data in computing represented by a binary digit, either 0 or 1, used to encode digital information.
Word
Word refers to Microsoft Word, a widely used word processing software developed by Microsoft, or can simply mean a single distinct meaningful element of speech or writing.
Bit
The smallest unit of data in computing, representing a single binary value of either 0 or 1.
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