When Excel Imports a Database Table, the Data Is Placed

question 21

Multiple Choice

When Excel imports a database table, the data is placed in an Excel ____.

• A) row
• B) salumn
• C) cell
• D) table

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Definitions:

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced, typically decreasing as production scale increases.

Average Variable Cost

The total variable costs (costs that change with output level) divided by the quantity of output produced.

AVC

Average Variable Cost; the cost of variable inputs divided by the quantity of output produced.

AFC

Average Fixed Cost, which is the fixed costs of production divided by the quantity of output produced.