-In the Figure Above, Which Chart Would You Most Likely

question 1

Multiple Choice

-In the figure above, which chart would you most likely use to show cumulative totals in a stacked arrangement?

• A) Scatter
• B) Area
• C) Bubble
• D) Stock

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Definitions:

Surplus

The situation in which the quantity of a product supplied exceeds the quantity demanded at the current price; often leads to downward pressure on prices.

Shortage

A situation in which the demand for a product or service exceeds the supply available at a specific price.

Bushels

A measure of volume used primarily for agricultural commodities, varying in size depending on the product measured.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell, holding other factors constant.