Ingrid Wants to Create a PivotChart Based on a PivotTable

question 321

Multiple Choice

Ingrid wants to create a PivotChart based on a PivotTable she added to a worksheet.What should she do before creating the PivotChart?

• A) Select the range where the PivotChart should be inserted.
• B) Collapse the PivotTable fields to make room for the PivotChart.
• C) Select a cell in the PivotTable.
• D) Apply a PivotTable style so the PivotChart uses the same one.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.

Income Elasticity

A measure of how much the demand for a product or service changes relative to a change in consumers' income.

Total Revenue

The total income a firm receives from the sale of its goods or services before any costs or expenses are subtracted.

Least Elastic

Refers to the degree of responsiveness or sensitivity of demand or supply to changes in prices, with the least elastic being the least responsive.