The Decimal Data Type Can Represent ____

question 96

Multiple Choice

The Decimal data type can represent ____.

• A) dollar amounts
• B) very precise decimal numbers
• C) large numbers
• D) numbers accurate to 280 digits

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Definitions:

Total Output

The total value of goods and services produced by an economy over a specific period of time.

Total-Cost Curve

A graphical representation showing the total cost of producing varying quantities of output.

Economic Profit

The surplus gained from undertaking an activity after accounting for both explicit and implicit costs, differing from accounting profit.

Accounting Profit

The financial gain calculated by subtracting total explicit costs from total revenue, reflecting the company's bookkeeping earnings.