Which of the Following Would NOT Be an Example of What-If

question 159

Multiple Choice

Which of the following would NOT be an example of what-if analysis?

• A) changing column and row labels
• B) entering different possible test scores to achieve a higher student average
• C) entering various down payments to achieve an acceptable monthly mortgage payment
• D) changing interest rates to determine an acceptable monthly car-payment payment amount

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Definitions:

Farm Products

Products that are the result of agriculture and livestock cultivation, such as fruits, vegetables, grains, and meat.

Farm Employment

Jobs and labor associated with working on farms, including planting, cultivation, and harvesting of crops, as well as raising livestock.

Agriculture Commodities

Products derived from farming and agriculture, such as grains, livestock, and dairy products, which are traded on commodities markets.

Price Inelastic

Describes a situation where the quantity demanded of a good or service is not significantly affected by changes in its price.