The ____ Function Randomly Assigns a Number Between Two Specified

question 60

Multiple Choice

The ____ function randomly assigns a number between two specified values.

• A) RANGERANDOM
• B) RANDBETWEEN
• C) INBETWEEN
• D) RANDOM

---

Definitions:

Deadweight Loss

An economic inefficiency that occurs when the total welfare in a market is not maximized, resulting from distortions such as taxes, subsidies, or monopolies.

Excise Tax

A tax imposed on specific goods, services, or activities, often included in the price of products like tobacco, alcohol, and fuel, designed to discourage their use or generate revenue.

Perfectly Inelastic

A market condition where demand does not change regardless of changes in price.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.