Which Is Not Considered a Deceptive Graphical Technique

question 21

Multiple Choice

Which is not considered a deceptive graphical technique?

• A)Undefined units
• B)2D graphs
• C)Authority figures
• D)Distracting pictures

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Definitions:

Law of Diminishing Returns

The principle that adding more of one factor of production, while keeping others constant, will eventually yield lower per-unit returns.

Economic Profit

The surplus remaining after deducting both explicit and implicit costs from total revenues, emphasizing a firm's financial performance beyond just its accounting profit.

Accounting Profit

Accounting profit is the monetary gain calculated by subtracting total explicit costs from total revenue.

Sunk Cost

A cost that has already been incurred and cannot be recovered, and therefore should not affect current and future business decisions.