Apply Italic Formatting to Selected Text by Clicking the Italic

question 1

Multiple Choice

Apply italic formatting to selected text by clicking the Italic button in the ____ group on the HOME tab.

• A) Slides
• B) Editing
• C) Font
• D) Drawing

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Definitions:

Normal Good

A good that has a positive income elasticity, so that as consumer income rises, demand for the good rises, too.

Market Supply

The total quantity of a good or service that sellers are willing and able to sell at a given price over a specific period.

Elasticity

Elasticity refers to the measure of how much the quantity demanded or supplied of a good changes in response to a change in price.

Normal Good

A good for which demand increases as the income of consumers increases and decreases as the income of consumers decreases.