A Two-Way Table Could Be Used for Which of the Following

question 59

Multiple Choice

A two-way table could be used for which of the following pairs of variables?

• A)Age and height
• B)Gender and age
• C)Gender and favorite class
• D)Age and favorite class

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Definitions:

ATC (Average Total Cost)

The total cost of production divided by the quantity produced, representing the cost per unit of output.

MC (Marginal Cost)

Expenses incurred from making one more unit of a product or service.

Break-Even

The point at which total costs and total revenue are equal, meaning there is no net loss or gain, and the business or investment is self-sustaining.

Maximize Profits

A strategy or goal where a firm or individual seeks to achieve the highest possible profit from its operations.