Excel Data Validation Rules Apply When You Enter Data in a Cell

question 52

True/False

Excel data validation rules apply when you enter data in a cell manually and when a cell's value is calculated by a formula.

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Definitions:

Inelastic Nature

Characterizes a product or service whose demand or supply does not significantly change in response to price adjustments.

Agricultural Demand

The desire and ability to purchase agricultural products at various prices.

U.S. Farm Exports

Agricultural products produced in the United States that are sold to other countries, contributing to the U.S. economy and global food supply.

Price Inelastic

Describes a situation where the demand for a product does not change much in response to changes in its price.