The Correct Syntax for the SUMIF Function Is ________

question 5

Multiple Choice

The correct syntax for the SUMIF function is ________.

• A)=SUMIF(criteria, range, [sum_range])
• B)=SUMIF(criteria_range, criteria)
• C)=SUMIF(criteria, criteria_range)
• D)=SUMIF(range, criteria, [sum_range])

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Definitions:

Market Systems

The network of buyers, sellers, and other actors that come together to trade in a given product or service, governed by supply and demand.

Capital Resources

The assets, both physical and financial, that businesses use to produce goods and services; these can include machinery, buildings, and technology.

Private Property

A system where individuals and companies own and control their own possessions and assets.

Self-Interest

An individual's personal gain or advantage, often considered a driving force behind economic decisions and actions.