Data Is Another Word for Information

question 46

True/False

Data is another word for information.

---

Definitions:

Demand Curve

A chart that illustrates the connection between a product's price and the quantity that buyers are prepared to buy at different price levels.

Microsoft

A multinational technology company known for its software products like Windows operating systems and Office productivity suite.

Imperfectly Competitive

A market situation where individual producers or consumers have some control over the price of goods and services, contrary to perfect competition.

Locally Owned

Businesses that are owned, operated, and controlled within a local area or community.