Identify a True Statement About the Use of Graphics

question 22

Multiple Choice

Identify a true statement about the use of graphics.

• A)Visual data cannot be distorted easily.
• B)A few pages of graphics can effectively convey several hundred pages of text.
• C) Use of graphics eliminates the need of reading the text.
• D) Extreme use of graphics adds to the impact of the material presented.

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Definitions:

Marginal Revenue Product

The extra income derived from the use of an additional unit of a resource or input in production.

Input

Resources such as labor, materials, and capital that are used in the production process to create goods and services.

Derived Demand

is the demand for a good or service that results from the demand for another good or service. For instance, the demand for steel is derived from the demand for cars.

Factors of Production

The resources of land, labor, capital, and entrepreneurial ability.