The Illustration Below Lists the Winning Batting Average for the Years

question 64

Multiple Choice

The illustration below lists the winning batting average for the years 1993 through 2000 in the major leagues.   $\begin{array} { | l | l | l | l | l | l | l | l | l | } \hline \text { Year } & 1993 & 1994 & 1995 & 1996 & 1997 & 1998 & 1999 & 2000 \\\hline \text { Batting average } & 0.366 & 0.399 & 0.365 & 0.350 & 0.367 & 0.364 & 0.380 & 0.375 \\\hline\end{array}$ Draw a line graph for these data.

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Definitions:

Direct Labor

The labor costs associated with employees who directly contribute to the production of goods or the provision of services.

Straight-line Depreciation

A method of allocating an asset’s cost evenly across its useful life.

Break-even Point

The volume of sales at which total revenues equal total costs, resulting in zero profit or loss.

Variable Cost

Costs that change in proportion to the level of goods or services a business produces.