-The default data type for a field is ____.
Definitions:
Demand
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a given time period.
Inverse Demand Curve
A representation of the demand for a good showing the maximum price consumers are willing to pay for a given quantity.
Perfect Price Discrimination
Perfect price discrimination occurs when a seller charges each buyer their maximum willingness to pay, extracting all consumer surplus.
Total Profits
The sum of earnings from a business operation, after all expenses have been deducted from total revenue.
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