In Microsoft Excel 2016, Which of the Following Date Data

question 34

Multiple Choice

In Microsoft Excel 2016, which of the following date data format displays dates in mm/dd/yyyy format?

• A)Cardinal Date format
• B)Long Date format
• C)Short Date format
• D)Universal Date format

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Definitions:

Natural Monopoly

A market condition where due to high fixed costs or unique resources, a single company can supply a product or service at a lower cost than any potential competitor, thus dominating the market.

Unit Costs

The price a business incurs for the production, storage, and distribution of a single unit of a certain product or service.

Minimum Efficient Scale

The smallest amount of production a company can achieve while still taking full advantage of economies of scale regarding costs per unit of output.

Diseconomies of Scale

The condition when a company grows so large that the costs per unit increase, causing a decrease in efficiency.