What Does the Presence of Parallel Lines Mean in Terms

question 1

Multiple Choice

What does the presence of parallel lines mean in terms of graphical representation of data?

• A) There is interaction.
• B) There is no interaction.
• C) The data are not significant.
• D) The data are significant.

---

Definitions:

Marginal Costs

The increase in total cost that arises from an extra unit of production.

Fixed Factors

Inputs in production that cannot be altered in the short term, such as buildings and machinery.

Output

The amount of goods and services produced by a business, industry, or economy.

Marginal Cost

The cost added by producing one additional unit of a product or service, important for decision-making in resource allocation.