To Add a Bar to a Bar Chart,which of the Following

question 20

Multiple Choice

To add a bar to a bar chart,which of the following should be done?

• A) Click add bar.
• B) Change the chart style.
• C) Enter chart data.
• D) Switch the rows and columns.

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Definitions:

AVC

Average Variable Cost, the cost of labor or material that changes with the level of output or production.

ATC

Average Total Cost, which is the total cost divided by the quantity of output produced, representing the per unit cost of production.

Diminishing Returns

A rule which posits that when investment in a specific sector grows, the profit rate from that investment will not continue to rise past a certain threshold if all other factors are kept unchanged.

AVC

Average Variable Cost is the total variable cost per unit of output.