If You Save Your File in the PowerPoint 97-2004 Format

question 53

Short Answer

If you save your file in the PowerPoint 97-2004 format, the file will have the ____________________ extension.

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Definitions:

Willingness to Pay

The maximum amount an individual is prepared to spend on a good or service, reflecting their valuation of it.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they do pay.

Market Forces

The natural factors of supply and demand that determine prices, production levels, and resource allocation in a freely competitive economy.

Resistance Price

A price level at which an asset meets pressure on its way up due to a concentration of selling interest, often used in technical analysis of financial markets.