When You Press the Tab Key in the Last Cell

question 36

Multiple Choice

When you press the Tab key in the last cell in the table,____.

• A)the insertion point moves to the first cell of the table
• B)you add a new row to the bottom of the table
• C)the insertion point remains in the last cell
• D)the insertion point moves to the row above the last cell

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Definitions:

Additional Cost

Expenses that are not previously planned or accounted for, often arising unexpectedly in the course of an action or project.

Conditional Factor Demand Function

Represents the quantity of an input demanded at each level of output, prices of inputs, and technology, given the firm's optimization behavior.

Optimal Factor Choice

A decision-making process in which a firm determines the most efficient combination of factors of production (labor, capital, etc.) to maximize output or minimize costs.

Weak Axiom of Cost Minimization (WACM)

An economic principle stating that if a set of goods is chosen over another set at the same prices, then the chosen set should not cost more than the other when prices change.