Which of the Following Would Cause the Error #VALUE! to Appear

question 91

Multiple Choice

Which of the following would cause the error #VALUE! to appear?

• A)Misspelled word
• B)Deleted cell reference
• C)Incorrect data used in an argument
• D)Invalid range name

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Definitions:

Average Product

The output per unit of input, calculated by dividing the total product by the quantity of input.

Marginal Product

Marginal product is the increase in output that results from adding one more unit of a specific input, holding all other inputs constant.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Law Of Diminishing Returns

An economic principle stating that if one input in the production of a commodity is increased while all other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.