Which Characteristic Exemplifies the Purposes of a Data Set

question 119

Multiple Choice

Which characteristic exemplifies the purposes of a data set?

• A) Scalable
• B) Economical
• C) Uniform
• D) Secure

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Definitions:

Marginal Cost

The additional expense incurred from producing and selling one more unit of a good or service.

Profits

The financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Output

The total amount of goods or services produced by a company, industry, or economic system.

Marginal Costs

The additional cost incurred to produce an extra unit of a product or service.