What Does 1 Represent in Stored Data

question 4

Multiple Choice

What does 1 represent in stored data?

• A) A single item in storage
• B) Presence of an electronic charge
• C) A single character on the keyboard
• D) Absence of an electronic charge

---

Definitions:

Demand Increases

A situation wherein there is a rise in the quantity of a product or service sought after by consumers at a given price level.

Equilibrium Price

The price level at which the amount of products available for sale matches the amount consumers want to buy.

Equilibrium Quantity

The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market equilibrium price.

Supply Increases

A situation where the quantity of a good or service that producers are willing to sell at a certain price rises.