The number of bins in this histogram (caffeine content in mg/oz for 65 soft drinks) is consistent with Sturges' Rule. 
Definitions:
Total Profit
Total profit is the financial gain a business achieves after subtracting total costs from total revenue.
AVC
Average Variable Cost, which is the cost a company incurs to produce each additional unit of product, excluding fixed costs.
ATC
Average Total Cost, which is the total cost of production divided by the quantity of output produced.
Total Revenue
The total income generated by a firm or economy from its sale of goods and services, calculated before any expenses are subtracted.
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