Question
Which of the following functions in Excel is used to
combine data from multiple columns into one?Solution
The CONCATENATE function in Excel is used to combine (or join) values from multiple columns or cells into one. This function is particularly useful when you want to merge names, addresses, or other data spread across multiple columns into a single cell. For example, you can combine a first name in one column with a last name in another column into a full name in one cell. Option A is incorrect because VLOOKUP is used to search for a value in a table and return a related value from another column, not to combine data. Option C is incorrect because SUMIF is used to sum values that meet a specific condition, not to concatenate data. Option D is incorrect as a pivot table is used for summarizing data, not for combining data from different columns. Option E is incorrect because LEFT is a text function used to extract a specified number of characters from the left side of a string, not to combine columns.
A high value of cross-elasticity indicates that the two commodities are
Movement along a demand curve as a result of change in price is known asÂ
Which one of the following is not the function of a managerial economist?
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Information for pricing decision involves
Under perfect competition, the long-run equilibrium of the firm is established at
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
Statement “Price is the amount of money and/or other item with utility needed to acquire a product" is given byÂ
When price elasticity of demand is unity, the total expenditure:
Concept of 'Consumer's Surplus' was evolved by