A File Is Like a Stream of Data That Must

question 23

Multiple Choice

A file is like a stream of data that must be read from its beginning to its end.

• A) direct access
• B) binary format
• C) sequential access
• D) direct format

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Definitions:

Surplus

In economic terms, it refers to the amount by which production, assets, or resources exceed the portion used, often leading to excess supply in markets.

Shortage

A condition where the market's demand for a good or service outstrips its supply.

Price System

An economic mechanism wherein prices act as signals for the allocation of resources, influencing both producers and consumers in their decisions.

Buyers

Individuals or organizations that purchase goods or services for personal use, resale, or production of other goods and services.