Which Chart Type Is Best When You Want to Chart

question 70

Multiple Choice

Which chart type is best when you want to chart two unrelated data types?

• A)Pie chart
• B)Combo chart
• C)Line chart
• D)Radar chart

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Definitions:

Market Price

Market price is the current price at which a good or service can be bought or sold in a competitive marketplace.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Short Run

A period in which at least one factor of production is fixed, constraining the ability of a firm to adjust its output levels.

TVC

Total Variable Cost, which refers to the total of all costs that vary with the level of output or production activity.