When Using Spreadsheet Software Like the Kind in the Accompanying

question 40

Multiple Choice

When using spreadsheet software like the kind in the accompanying figure, what are the rows and columns collectively called?

• A) workbook
• B) workspace
• C) workload
• D) worksheet

---

Definitions:

Entry-Deterrence

Strategies employed by existing firms in a market to prevent or discourage new competitors from entering the market.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, often considered in decision-making processes.

Price War

A competitive strategy in which retailers reduce prices to gain business, often leading to lower profit margins for the competitors.

Mixed Strategy

In game theory, a strategy in which a player randomizes over possible actions, assigning a probability to each.