How Many Arguments Does the MATCH Function in Excel Take

question 105

Multiple Choice

How many arguments does the MATCH function in Excel take?

• A) 1
• B) 2
• C) 3
• D) 4
• E) 5

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Definitions:

Average Variable Cost

the total variable cost divided by the quantity of output produced; it shows the variable cost per unit of output.

Short Run

The short run is a period in which at least one factor of production is fixed, limiting the ability of a business to expand or reduce its output.

Shut Down

A temporary choice made by a company to halt manufacturing because of unsuitable market circumstances.

Shutdown Point

The level of production and price at which the revenue of a firm covers its variable costs, below which the firm would cease operations.