Given Below Is the Scatter Plot of the Number of Employees

question 94

True/False

Given below is the scatter plot of the number of employees and the total revenue
($millions) of 20 U.S. companies. There appears to be a positive relationship between total
revenue and the number of employees.

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Definitions:

Operating Profit

Earnings from a company's core business operations, excluding deductions of interest and tax.

Selling Price

The amount of money for which a good or service is sold to the buyer.

Reduced

A decrease in amount, size, intensity, or degree.

Marked Up

Marked Up refers to the increase in the selling price of goods beyond their initial cost. It represents the difference between the cost to the retailer and the price for which they sell the goods to end customers.