In Bar Charts and Histograms,bars Should Be of Unequal Width

question 57

True/False

In bar charts and histograms,bars should be of unequal width to facilitate comparing between categories.

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Definitions:

Shortage

A situation in which the demand for a product or service exceeds its supply in a market.

Accounting Profits

The total revenue of a company minus the explicit costs and depreciation.

Normal Profits

The return to the business owners for the opportunity cost of their implicit inputs.

MRP

Marginal Revenue Product, a term in economics that represents the additional revenue generated by employing one more unit of a factor, such as labor or capital.