Generally Speaking,if Two Variables Are Unrelated (As One Increases,the Other

question 100

Multiple Choice

Generally speaking,if two variables are unrelated (as one increases,the other shows no pattern) ,the covariance will be:

• A)a large positive number.
• B)a large negative number.
• C)a positive or negative number close to zero.
• D)None of these choices.

---

Definitions:

Cost Per Unit

The amount of financial expense associated with producing a single unit of a product or service.

Production

The process of creating goods and services through the combination of labor, capital, and resources.

Economic Profit

A measure of profit that includes recognition of implicit costs (like the cost of equity capital). Economic profit measures the true profitability of decisions.

Savings Account

A deposit account held at a bank or financial institution that pays interest but typically has limited withdrawal options.