Data in a Spreadsheet Can Be Explained in the Form

question 41

Multiple Choice

Data in a spreadsheet can be explained in the form of:

• A) a database.
• B) a memo of law.
• C) an embedded file.
• D) a graph.

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Definitions:

Competitive Equilibrium

A market state where supply equals demand, and no economic actors have the incentive to change their behavior.

Demand Equals Supply

A market equilibrium condition where the quantity of a good or service demanded by consumers equals the quantity supplied by producers.

Numeraire

A unit of account or standard measure in economics used to compare the value of goods or services.

Pareto Optimal

Another term for Pareto Efficient; describes a situation where no one's condition can be improved without worsening someone else's condition.