The Error Message #NUM! Means That There Is ____

question 137

Multiple Choice

The error message #NUM! means that there is ____.

• A) insufficient width in the cell to display data
• B) an invalid cell reference
• C) an invalid numeric value in a formula or function
• D) no answer

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Definitions:

Producer Surplus

The difference between the amount a producer is actually paid for a good compared to the minimum amount they would accept for the good.

Excess Supply

A market condition where the quantity of a commodity available for sale exceeds the quantity demanded at the current price.

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive, representing their gain.

Producer Surplus

The difference between what producers are willing to accept for a product and the amount they actually receive.