As You Edit Your Summary

question 17

Multiple Choice

As you edit your summary,

• A) omit technical details and examples.
• B) cross out unnecessary prefaces to sentences.
• C) combine related ideas to show relationships.
• D) b and c only.
• E) a, b, and c.

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Definitions:

Invention

The creation of a new device, method, or process, resulting from study and experimentation.

Expense Function

A mathematical function that describes the cost associated with a particular level of production or activity.

Revenue Function

A Revenue Function is a mathematical representation of how a company's revenue is dependent on the selling price and quantity of goods or services sold.

Supply Curves

Graphs showing the relationship between the price of a good and the quantity of that good a seller is willing to supply.