All of the Following Are Data Types That You Can

question 50

Multiple Choice

All of the following are data types that you can assign to data fields when creating records in Microsoft Access except:

• A)Text
• B)Number
• C)Memo
• D)Percent
• E)all of these are legitimate data types

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Definitions:

Short Run

The period of time for which two conditions hold: The firm is operating under a fixed scale (fixed factor) of production, and firms can neither enter nor exit an industry.

Total Variable Costs

The sum of all costs that vary with the level of output or production.

Variable Costs

Costs that change in proportion to the level of production or business activity, such as raw materials and labor expenses.

Fixed Costs

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