What Is an Excel Table

question 59

Multiple Choice

What is an Excel table?

• A)A series of rows and columns that contains related data that can be managed independently from other data in a worksheet
• B)A series of rows and columns that has been assigned a name and can be used in a formula or function
• C)A series of rows and columns that contain related data located on a minimum of two worksheets
• D)A series of rows or columns on a separate worksheet that can be managed independently from other data in a worksheet

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Definitions:

Allocate Resources

The process of distributing available resources, whether material, financial, or human, among competing demands and uses in an efficient manner.

Willingness to Pay

The maximum amount a consumer is ready to spend for a good or service.

Surplus

The situation where the quantity supplied of a product exceeds the quantity demanded at a given price.

Negative Externality

An economic situation where a third party is negatively affected by the actions of others, typically not reflected in the cost of those actions, such as pollution.