The Stacked Line Chart Shows the Value of Each of Danny's

question 20

Multiple Choice

The stacked line chart shows the value of each of Danny's investments. The stacked line chart contains three regions. The uppermost unshaded region represents the value of Danny's investment in individual stocks. The center shaded region represents the value of Danny's investment in mutual funds and the bottom region in black represents the value of Danny's investment in a CD. The thickness of a region at a particular time tells you its value at that time. Use the graph to answer the question.
-In the year 1998, what was the approximate value of Danny's investment in mutual funds?

• A)$6000
• B)$4000
• C)$2500
• D)$1900

---

Definitions:

Available Technology

Refers to the current technologies that are accessible for use in various industries to enhance operations, products, or services.

High Fixed Costs

A financial situation where a company has a high proportion of fixed expenses, which do not vary with the level of production or sales.

High Marginal Costs

Situations where the cost to produce one additional unit is significantly high, often affecting pricing and profitability.

High Industry Growth

Refers to the rapid expansion of economic activity within a particular industry, typically measured by revenue, output, or sales increases.