What Is the Value of SP for the Following Set $$\begin{array} { l l } X & Y \\4 & 3 \\1 & 2 \\1 & 5 \\2 & 6 \\\hline\end{array}$$

question 33

Multiple Choice

What is the value of SP for the following set of data?? $$\begin{array} { l l } X & Y \\4 & 3 \\1 & 2 \\1 & 5 \\2 & 6 \\\hline\end{array}$$

• A)-1?
• B)?-5
• C)?5
• D)?1

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Definitions:

Positive Profits

A financial gain that occurs when the revenues generated from business activities exceed the costs and expenses involved in operating the business.

Shut Down

A short-term decision by a firm to cease production due to unfavorable market conditions.

Firm

An entity like a corporation, partnership, or sole proprietorship engaged in selling goods or services for financial gain.

Price

The sum of money needed to buy a product, service, or asset.