____ Tracer Arrows Indicate That a Precedent Cell Contains an Error

question 69

Multiple Choice

____ tracer arrows indicate that a precedent cell contains an error.

• A) Blue
• B) Red
• C) Green
• D) Orange

---

Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from prices that are deemed too high.

Shortage/Surplus

A shortage occurs when the demand for a good exceeds its supply at a particular price, while a surplus occurs when the supply of a good exceeds demand at a particular price.

Demand Equation

A mathematical expression that calculates the quantity of a good or service demanded at various prices.

Supply Equation

A mathematical representation that describes the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.