TABLE 1-2 a Wall Street Journal Poll Asked 2,150 Adults in the in the United

question 184

Multiple Choice

TABLE 1-2
A Wall Street Journal poll asked 2,150 adults in the United States a series of questions to find out their view on the U.S.economy.
-Referring to Table 1-2,the possible responses to the question "How many out of every 10 U.S.voters do you think feel that the U.S.economy is in good shape?" are values from a

• A)discrete numerical variable.
• B)continuous numerical variable.
• C)categorical variable.
• D)table of random numbers.

---

Definitions:

Lower Opportunity Cost

The advantage of choosing an option that has a relatively smaller loss of potential gain from other alternatives.

Trade

The exchange of goods and services between people or entities, often involving the transfer of money.

Goods

Tangible products that satisfy human wants and provide utility, which people buy and use.

Prices

The cost of acquiring a product or service, influenced by elements like market supply and consumer demand.