Typically, a CAD Program Will Allow the User to Enter

question 3

Multiple Choice

Typically, a CAD program will allow the user to enter information into the system either by selecting menu items or by typing ____.

• A) executions
• B) grouping paths
• C) commands
• D) execution paths

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Definitions:

Equilibrium Price

The price point in the market at which the supply of goods matches the demand for those goods.

Price Floor

A government-set minimum price for goods or services, above the market equilibrium price, aimed at preventing prices from falling too low.

Price Controls

Government-imposed limits on prices charged for goods and services to manage economy.

Deadweight Loss

A reduction in economic effectiveness that happens when a good or service does not reach or cannot reach its equilibrium.