If a Linked Value Did Not Update After Making a Change

question 62

Multiple Choice

If a linked value did not update after making a change in a source file, click the Microsoft Office button, point to Prepare, click Edit Links to Files, click the second link, then click ____.

• A) Revise Now
• B) Modify Now
• C) Update Now
• D) Format Now

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Definitions:

Marginal Revenue

The surplus revenue acquired from the sale of one more unit of a good or service.

Profit Maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.

Demand Curve

A graphic representation showing how the quantity demanded of a good or service varies with its price.

Marginal Cost

The hike in complete costing that comes with the fabrication of an additional unit of a good or service.