Critical Thinking Case-Based Questions Case 5-3 as He Prepares His

question 7

Multiple Choice

Critical Thinking Case-Based Questions Case 5-3 As he prepares his assignment for his Marketing class, Ted goes to his friend Carter for help with PivotTables because Carter has had a lot of experience with them in his job. Ted wants to be able to use his PivotTable to combine items into groups. Which of the following is true?

• A)Items that appear as row labels cannot be grouped.
• B)Items that appear as column labels can be grouped.
• C)If items are dates, they cannot be grouped automatically using the Grouping dialog box.
• D)If items are numbers, they cannot be grouped manually using the Ctrl key to select items in a group and then choosing Group from the shortcut menu.

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Definitions:

Not Rival

A characteristic of a good where its consumption by one individual does not reduce availability or quality for others.

Excludable

A characteristic of a good or service that allows its owner to prevent others from using it, typically through the mechanism of property rights.

Rival in Consumption

A characteristic of a good whereby consumption by one individual prevents simultaneous consumption by another individual.

Rival in Consumption

A characteristic of goods whereby the consumption by one individual reduces the availability of the good for consumption by another individual.