Although $\underline {\text { text } }$ Files Contain Only Raw,unformatted Data,they Are Very Useful in Situations

question 48

True/False

Although $\underline {\text { text } }$ files contain only raw,unformatted data,they are very useful in situations when you want to share data across software programs and computer systems._________________________

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Definitions:

Socially Efficient Quantity

The level of production of a good or service that results in the optimal combination of economic efficiency and social welfare.

Market Equilibrium

A market state where the supply of goods matches demand, resulting in stable prices where the quantity of goods buyers are willing to buy equals the quantity sellers are willing to sell.

Output

The overall production of merchandise or services by a corporation, field, or the economic environment.

Quantity

The amount or number of a material or immaterial entity that is considered separately.