When You Use Google Maps, the Software and Data for the Maps

question 56

Multiple Choice

When you use Google Maps, the software and data for the maps are not stored on your computer; this software is known as a(n) ____.

• A)applet
• B)Web app
• C)script
• D)ISP application

Explain how equilibrium price and quantity in the market are determined and affected by shifts in supply and demand.

Recognize the effects of price ceilings and price floors on market equilibrium.

Understand the implications of income changes on the demand for goods.

Describe how related goods affect each other's demand through changes in price.

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Definitions:

Guarantor

is an individual or entity that agrees to be responsible for another's debt or performance under a contract, if the original party fails to meet their obligations.

Principal Debtor

The main individual or entity obligated to repay a debt or loan in the terms of a financial agreement.

Principal Debtor

The main individual or entity legally obligated to repay a debt or loan in accordance with the terms of the agreement.

Guarantor

An individual or entity that agrees to be responsible for another's debt or performance under a contract if the original party fails to meet their obligations.