Which of the Following Is Not Correct

question 30

Multiple Choice

Which of the following is not correct?

• A)When developing economic theories,graphs offer a way to visually express ideas that might be less clear if described with equations or words.
• B)Graphs are one way of expressing the relationships among variables.
• C)When studying the relationship between two economic variables,graphs allow economists to draw indisputable conclusions about causes and effects.
• D)When analyzing economic data,graphs provide a powerful way of finding and interpreting patterns.

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Definitions:

Relevant Range

The range of activity within which the assumptions about variable and fixed cost behavior hold true.

Laser Printers

Printers that produce high-quality text and graphics by using a laser beam to transfer toner to paper.

Screen Printing

A printing technique that utilizes a mesh to transfer ink onto a substrate, except in areas made impermeable to the ink by a blocking stencil.

Variable Cost

Costs that vary in direct proportion to changes in the level of production or sales volume.