A Measure of the Daily Change in the Closing Value

question 5

Multiple Choice

A measure of the daily change in the closing value of the DJIA is a ____________ variable and a variable indicating whether it moved up or down is a ______________ variable.

• A)continuous,discrete
• B)flow,stock
• C)random,determined
• D)discrete,continuous

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Definitions:

Marginal Cost

The cost associated with producing one more unit of a specific good or service, key in decision-making processes for production levels.

Marijuana

Marijuana, also known as cannabis, is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Shipment Seized

The act of authorities taking control over goods in transit due to non-compliance with laws or regulations.

Equilibrium Price

The price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by producers, resulting in market balance.