The Best Answer to the Question,"What Value Indicates a Large

question 100

Multiple Choice

The best answer to the question,"What value indicates a large standard deviation?" is:

• A)any value greater than 10.00
• B)any value greater than 100.00
• C)it depends on the variability
• D)it depends on what is being measured

---

Definitions:

Marginal Cost

The extra cost triggered by the production of an additional unit of a product or service.

Marginal Revenue

The additional income from selling one more unit of a good or service.

Marginal Cost

The hike in overall costs when one extra unit of a product or service is produced.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, representing surplus remaining after all costs have been paid.