Caleb Created a Column Chart That Lists Numbers from $50,000

question 22

Multiple Choice

Caleb created a column chart that lists numbers from $50,000 to $0 on the left.What can he add to the chart to indicate that these are monthly revenue amounts?

• A) Vertical axis title
• B) Horizontal axis
• C) Data table
• D) New data series

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Definitions:

Output

Output refers to the total amount of goods and services produced by a country, company, or economic system.

Average Total Cost

Is calculated by dividing total cost by the quantity of output produced, reflecting the per-unit cost of production.

Variable Cost

Costs that vary directly with the level of production or output.

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.