In Excel, the Combination of a Column Letter and a Row

question 33

Multiple Choice

In Excel, the combination of a column letter and a row number is a _____.

• A) cell address
• B) frame
• C) function
• D) formula

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Definitions:

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible.

Marginal Rate

Often refers to the marginal rate of substitution or marginal rate of transformation in economics, indicating the rate at which one good can be substituted for another.

Transformation

The process of converting inputs into outputs, often relating to the change of raw materials into finished products in the context of production.

Opportunity Cost

The rejection of potential benefits from alternative propositions when favoring one.