When You Start Typing a Formula,such as =SUM(B Excel Will

question 2

Multiple Choice

When you start typing a formula,such as =SUM(B Excel will display the ________,which contains all of Excel's built in functions starting with the letter B.

• A)table array
• B)Formula AutoComplete list
• C)defined name
• D)AutoFill

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Definitions:

Total Revenue

The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.

Normal Profit

The minimum profit necessary for a company to remain competitive in the market, often considered the cost of doing business.

Marginal Cost

The cost increase associated with the production of an extra unit of a product or service.

Competitive Firms

Businesses that operate in a market environment where they vie with others to offer goods or services, focusing on price, quality, and innovation.