If the Demand for a Product Increases and the Supply

question 62

True/False

If the demand for a product increases and the supply of the same product increases, the equilibrium price will increase.

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Definitions:

Deletes Record

The action or command in database management systems to permanently remove a record from a table.

Table Design View

A feature in database systems like Microsoft Access that allows users to visually set up their tables, defining fields, data types, and relationships.

Field

In computing, an area allocated for a specific piece of data within a database or software application.

Rename

To rename is to change the name of a file, directory, or other types of data or document to a new one.