The ____________________ Format Button Formats Numbers with Commas, Two Decimal

question 92

Short Answer

The ____________________ Format button formats numbers with commas, two decimal places, values aligned on the decimal point, and the dollar sign displayed at the left edge of the cell.

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Definitions:

Average Total Cost (ATC)

The per unit cost of production, calculated by dividing the total cost by the quantity of output produced.

Total Cost

The total of all costs associated with producing goods or services, encompassing both fixed and variable expenses.

Output

The amount of goods or services produced by a company, industry, or economy within a specific period.

Marginal Cost Curve

A graphical representation showing how the cost of producing one more unit of a good varies with the quantity of the good produced.