question 33
Multiple Choice
Use the data given below to answer the following question(s) .
Following is an extract from the Cost per Order Database of Grogtes LLC. Item Category Nuts Screws Nuts Screwdriver Nuts Screws Nuts Nuts Nuts Screws Nuts Screws Screws Nuts Nails Bolts Screws Screwdriver Screwdriver Bolts Nuts Bolts Screws Screws Screws Screws Bolts Nuts Screw driver Nuts Screws Nailgun pack Bolts Bolts Bolts Nails Nuts Screw driver Screws Nuts Screws Item ID N101 S101 N102 SD 101 N102 S102 N101 N102 N101 S103 N102 S101 S101 N102 NG101 B101 S103 SD 102 SD 101 B102 N103 B101 S103 S104 S102 S101 B 102 N101 SD 103 N103 S103 NG101 B102 B103 B104 NG102 N103 SD 104 S101 N103 $102 Item Cost $2.44$20.44$5.44$20.44$3.44$5.44$2.44$5.44$2.44$9.44$5.44$2.44$20.44$5.44$125.45$16.44$9.44$9.44$20.44$5.44$1.74$16.44$9.44$15.45$5.44$20.44$5.44$2.44$5.44$1.74$9.44$125.45$5.44$12.94$24.40$275.45$1.74$2.44$20.44$1.74$5.44 Units 9449352655597489315989288034115276314956673458636496595527946154412675561310 Cost per Order $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$229.361,001.56190.40531.44189.20320.96180.56484.1675.64556.96484.1668.321,635.20184.96125.45246.60254.88594.72286.16516.80114.841,200.12424.801,328.7016.32122.64266.56158.60516.8090.48745.76501.80331.84698.761,000.40550.9010.44183.001,144.6422.6254.40
Screws Screws S101 S102 $20.44$5.449327$$1,900.92146.88
-Which of the following is true about constructing PivotTables?
Grasp the difference between consumer and producer surplus.
Understand the concepts of willingness to pay, actual payment, and calculation of surplus.
Learn how government interventions (price floors and ceilings) impact consumer and producer surpluses.
Understand the importance and methods of calculating producer surplus.
Definitions:
Environmental Experience
The accumulation of knowledge or skill that a person gains from interacting with their surrounds or being exposed to different environmental conditions.
Positive Psychology
A branch of psychology that focuses on enhancing human strengths and wellbeing, rather than on disease and dysfunction.
Human Flourishing
A comprehensive well-being state characterized by physical, mental, and social health, contributing to a life of fulfillment and purpose.
Martin Seligman
A psychologist known for his work on the theory of learned helplessness and for his contributions to positive psychology.