A Magnetic Tape Is a Storage Media Consisting of Plastic

question 19

True/False

A magnetic tape is a storage media consisting of plastic tape coated with a magnetizable substance.

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Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to market balance.

Leather

A durable and flexible material created by tanning animal hides, used in making clothing, furniture, and various goods.

Leather Shoes

Footwear made from the treated and processed hides of animals, prized for durability, comfort, and style.