3801EconomicsMedium
If we add the numerical values of all our cases together and divide by the number of cases we get the________?
Amean
Bmoot
Cmedian
Dmode
Correct answer
A. mean
Explanation
The correct answer is mean.
MCQs
Read every question, see the correct answer, and understand the explanation at your own pace. Study mode has no timer and no negative marking.
Correct answer
A. mean
Explanation
The correct answer is mean.
Correct answer
B. initially increase and then decrease
Explanation
The correct answer is initially increase and then decrease.
Correct answer
A. indifference curves are bowed outward
Explanation
The correct answer is indifference curves are bowed outward.
Correct answer
A. decreases the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry
Explanation
The correct answer is decreases the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry.
Correct answer
B. Both of these
Explanation
The correct answer is Both of these.
Correct answer
B. income elasticity of demand
Explanation
The correct answer is income elasticity of demand.
Correct answer
D. The LM curve shift to the right
Explanation
The correct answer is The LM curve shift to the right.
Correct answer
B. Payment made for the use of another person’s money
Explanation
The correct answer is Payment made for the use of another person’s money.
Correct answer
C. Tropical Africa
Explanation
The correct answer is Tropical Africa.
Correct answer
A. 1000
Explanation
The correct answer is 1000.