You Represent a Decision in a Flowchart by Drawing a Decision

question 43

Multiple Choice

You represent a decision in a flowchart by drawing a decision symbol,which is shaped like a ____.

• A) diamond
• B) parallelogram
• C) rectangle
• D) triangle

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Definitions:

Product Supply Curve

A graphical representation showing the relationship between the quantity of goods that producers are willing to supply and the market price.

Shift To The Right

A term often used in economics to describe an increase in supply or demand, represented graphically by a curve moving to the right on a graph, indicating growth or expansion.

Supply Curve Equation

The supply curve equation represents the relationship between the price of a good and the quantity of the good that producers are willing to supply, typically showing a positive relationship.

Advanced Analysis

Involves the use of sophisticated techniques and tools to examine data or problems to derive deeper insights or solutions.