Use the Following to Answer Question(s): Surplus and Demand

question 48

Multiple Choice

Use the following to answer question(s) : Surplus and Demand

-(Exhibit: Surplus and Demand) The total benefit of consuming OE units is given by the area:

• A) OCDE.
• B) OBDE.
• C) BCD.
• D) OEDB.

---

Definitions:

Bytes

A basic unit of digital information in computing and telecommunications, typically consisting of 8 bits.

Kilobyte

A unit of digital information that consists of 1,024 bytes, commonly used to measure storage capacity and data.

Bytes

A unit of digital information that typically consists of eight bits, commonly used to encode a single character of text in a computer.

Single Byte

The unit of digital information in computing and telecommunications that most often consists of eight bits.