When a Spreadsheet Cell Contains a Formula, It Displays the Result

question 125

True/False

When a spreadsheet cell contains a formula, it displays the result of the formula rather than the formula itself.

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Definitions:

Goods

Physical items that satisfy human wants or needs, which can be bought, sold, or traded.

Maximizing Utility

The process or goal of obtaining the highest level of satisfaction or benefit from the consumption of goods and services, given constraints like income.

Utility

A measure of satisfaction, usefulness, or value that an individual or society derives from a good or service.

Consuming

The act of using up goods or services either by purchasing or utilizing them.