What Is Pivot

question 56

Multiple Choice

What is pivot?

• A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
• B) Rotates data to display alternative presentations of the data
• C) Enables users to get details, and details of details, of information
• D) Finds the inputs necessary to achieve a goal such as a desired level of output

Understand the difference between nomothetic and idiographic goals.

Identify the characteristics of idiographic and judgment goals.

Identify the characteristics of nomothetic goals.

Identify and associate theories or models with their respective behaviorists.

---

Definitions:

Profit

The profit made when the income from a business operation surpasses the expenditures, costs, and taxes required to maintain that operation.

Zero Marginal Cost

Zero marginal cost describes a situation where producing one additional unit of a good or service does not increase the total cost of production.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, which are incurred regardless of the quantity produced.

Patent

A legal right granted by a government to an inventor, giving the holder exclusive rights to use, sell, and manufacture the invention for a certain period of time.