Chloe Is Building a Kiosk-Based Excel Application

question 37

Multiple Choice

Chloe is building a kiosk-based Excel application. She wants to make some modifications to the screen elements in order to keep users from being distracted by parts of the application that are irrelevant to her application. She turns to Henry for guidance as she knows he built a similar solution earlier this year.
-Where in the Excel Options dialog box would Chloe find the setting to change the default location for Excel workbook files?

• A)Advanced options, Display section
• B)Advanced options, Editing options section
• C)Save options
• D)Formulas options

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Definitions:

Marginal Cost

The expenditure related to manufacturing one more unit of a product or service.

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced, showing how fixed costs change with output levels.

Average Variable Cost

The total variable cost divided by the number of units produced, reflecting the variable cost of producing each additional unit.

Total Variable Cost Curve

A graph that shows the relationship between total variable cost and the level of a firm’s output.