If You Need to Modify the Formula in a Calculated

question 109

True/False

If you need to modify the formula in a calculated column you edit the formula in one cell of the column and then you modify the formulas in that table column.

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Definitions:

Willingness to Pay

The maximum amount an individual is prepared to expend on a good or service to acquire it.

Cell Phone

A portable telephone that uses wireless technology to send and receive calls and data.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing to purchase at different prices.

Price Sensitivity

The degree to which the demand for a product is affected by changes in its price.