A Schedule That Shows the Various Amounts of a Product

question 52

Multiple Choice

A schedule that shows the various amounts of a product which producers are willing and able to produce at each price in a series of possible prices during a specified period of time is called:

• A)quantity supplied.
• B)quantity demanded.
• C)supply.
• D)demand.

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Definitions:

IF

A conditional statement used in programming that executes a specific segment of code if a given condition is true.

VLOOKUP

A function in Excel and other spreadsheet software that searches for a value in the first column of a range and returns a value in the same row from a specified column.

COUNTIF

A function in spreadsheet software that counts the number of cells within a range that meet a single criterion.

Stacked Bar Chart

A graphical representation of data where different categories are stacked on top of each other to show the total and the individual proportions of each category.