An Excel User Should Use a Relative Cell Reference When

question 79

Multiple Choice

An Excel user should use a relative cell reference when it is important to ____.

• A) preserve the relationship to the formula location
• B) never change the formula
• C) preserve the exact cell address in a formula
• D) memorize the formula

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Definitions:

Isocost Line

A graph showing all possible combinations of inputs that can be purchased for the same cost.

Combinations of Capital

Various ways in which a firm can organize its financial resources and assets to support its production process and operations.

Total Cost

The sum of fixed and variable costs incurred in the production of goods or services.

Isocost Line

A graphical representation in economics that shows all possible combinations of inputs that cost the same total amount.