The Stack Plot Below Shows the Value of Each of Danny's

question 198

Multiple Choice

The stack plot below shows the value of each of Danny's investments. The stack plot contains three regions. Theuppermost unshaded region represents the value of Danny's investment in individual stocks. The center shaded regionrepresents the value of Danny's investment in mutual funds and the bottom region in black represents the value ofDanny'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 year 8, what was the approximate value of Danny's investment in mutual funds?

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

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Definitions:

Downward-Sloping

Refers to a line or curve on a graph that moves from the upper left to the lower right, indicating a negative relationship between two variables.

Demand Curve

A chart that displays the connection between a product's price and the amount consumers are willing to purchase.

Marginal Revenue

The additional income gained from selling one more unit of a product or service.

Marginal Costs

The increase in total production cost that comes from making or producing one additional unit.