Case-Based Critical Thinking Questions Case 6-2 Ryder Has Discovered the Power

question 47

Multiple Choice

Case-Based Critical Thinking Questions Case 6-2 Ryder has discovered the power of creating and viewing multiple workbooks. When Ryder goes to save the workbooks, what is the required file extension?

• A).wxls
• B).xlww
• C).xlsx
• D).xlwx

---

Definitions:

Marginal Cost

The addition to total expenses resulting from the production of one more unit of a product or service.

Price-taker Market

A market condition where individual sellers or buyers cannot influence the price of goods or services and must accept the prevailing market price.

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Average Variable Cost

The total variable cost divided by the quantity of output produced; it represents the variable cost per unit of output.