A Decrease in the Demand for a Product or Service

question 17

True/False

A decrease in the demand for a product or service may result in a decrease in wages for people producing that item.

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Definitions:

Unauthorized Access

The act of gaining entry into a computer system, network, or data without permission, thereby compromising security.

User Account

It refers to the credentials and information that allow an individual access to computer systems and networks, often personalized to save settings and data.

MS Excel

A spreadsheet program by Microsoft used for data analysis, calculation, and visual representation of data.

MS Word

A widely used word processing software developed by Microsoft for creating and editing documents.