Identify the Letter of the Choice That Best Matches the Word

question 95

Multiple Choice

Identify the letter of the choice that best matches the word or phrase with its definition.
-Data table cells containing values that can vary

• A)changing cells
• B)result cells
• C)one-variable data table
• D)data table
• E)input cells
• F)two-variable data table
• G)range name

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Definitions:

Input

Resources used in the production process to create goods or services.

Inputs

Resources such as labor, materials, and capital used in the process of production.

Output

The quantity of goods or services produced by a firm, industry, or economic system.

Diminishing

A principle often observed in economics where additional units of a variable factor increase total output at a decreasing rate.