A Number of Cells That Are Selected Simultaneously Is Called

question 11

Multiple Choice

A number of cells that are selected simultaneously is called a

• A) group.
• B) multi-cell.
• C) range.
• D) cartel.

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Definitions:

Marginal Revenue

The enhanced earnings a business receives by selling one more unit of its goods or services.

Marginal Cost

The swell in overall financial outlay resulting from the crafting of an extra unit of a good or service.

Profit-Maximization

A business objective to achieve the highest possible profit through managing revenues and expenses, often central to the decisions made by firms.

Competitive Firms

Businesses operating in a market where they compete with others for customers, each with minimal influence over market prices.