Consider the Following Graphic Results from a 2 2 Factorial

question 68

Multiple Choice

Consider the following graphic results from a 2 2 factorial experiment. These results show _________.

• A) there are no significant main effects or interaction effects
• B) there is a significant main effect for factor A , no other significant effects
• C) there is a significant main effect for factor B , no other significant effects
• D) there is a significant interaction effect, no other significant effects

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Definitions:

Fixed Costs

Expenses that do not change in total irrespective of the volume of goods or services produced by a company.

Break Even

The point at which total revenues equal total expenses, with no net loss or profit.

Variable Costs

Expenses that are directly tied to the rate of goods produced or services sold, such as the cost of materials and labor involved.

Fixed Costs

Costs that remain constant for a business over a period, regardless of the level of goods or services produced.