A Selected Graphic Can Be Resized Using the Shape Height

question 78

True/False

A selected graphic can be resized using the Shape Height and Shape Width text boxes in the Size group on the Format tab on the Picture Tools tab.

---

Definitions:

Short Run

A period in which at least one input in the production process is fixed, limiting the ability of a firm to adjust to changes in market demand.

Long Run

An economic term referring to a period during which all factors of production and costs are variable, allowing for full adjustment to changes.

Fixed Cost

Costs that do not change with the level of output or sales, such as rent or salaries.

Variable Cost

Expenses that change in proportion to the amount of goods or services produced, like labor and materials.