You Can Insert __________________ for a Cell to Add Explanatory

question 128

Multiple Choice

You can insert __________________ for a cell to add explanatory information about a calculation or assumption that does not have to be in the model itself.

• A) Cell Explanations
• B) Cell Descriptions
• C) Cell Comments
• D) Cell Information
• E) Cell Documentation

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Definitions:

Total Product

The total output produced by a firm or within an economy.

Average Product

The output per unit of input, such as the quantity of goods produced per worker.

Law Of Diminishing Returns

The principle that as successive increments of a variable resource are added to a fixed resource, the marginal product of the variable resource will eventually decrease.

Resource Inputs

The basic materials and components required in the production process to create goods or services.