Which of the Following Describes the Factor That Influences the Outcome

question 3

Multiple Choice

Which of the following describes the factor that influences the outcome of interest?

• A) Slope of line
• B) Dependent variable
• C) Intercept
• D) Independent variable

---

Definitions:

D = ATC

The condition where a firm's demand curve (D) equals its average total cost (ATC), often used in economic models to analyze firm behavior.

Selling Price

The actual price at which a product or service is sold to the customer.

Quantity

The amount or number of a material or abstract thing not requiring a unit of measurement.

Long-Run Equilibrium

The condition in which all inputs and outputs in an economy or a market are fully adjusted and there are no external pressures for change.