Label the Example Activity

question 22

Multiple Choice

Label the example activity
-Making a classroom quilt by stitching paper squares together with yarn.

• A)art project (a)
• B) craft project (c).

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Definitions:

Projected Revenue

An estimate of the amount of money that an organization anticipates earning over a specific period in the future.

Solver

A feature in software, such as Microsoft Excel, that performs optimization, finding the best solution to a problem given constraints.

Price/Demand Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, often used to understand the sensitivity of consumers to price changes.

Local Optimum Solution

A solution to an optimization problem that is better than or equal to all nearby solutions but not necessarily the best overall, or global, solution.