The Order of Precedence in Excel 2013

question 84

Multiple Choice

The order of precedence in Excel 2013:

• A)includes letters,numbers,and spaces.
• B)controls the sequence in which Excel performs arithmetic operations.
• C)is a software application used to create and modify business communications.
• D)includes formulas,functions,and formatting.

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Definitions:

External Cost

A cost borne by individuals or society that is not reflected in the market price of a good or service, often associated with negative externalities.

Socially Optimal

A condition or point at which the welfare of a society reaches its highest possible level, considering all factors and resources.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good that suppliers are willing and able to provide.