A Graph That Can Be Used to Represent the Pattern

question 128

Multiple Choice

A graph that can be used to represent the pattern of relationship between scores from two variables is called a

• A)bar graph.
• B)frequency polygon.
• C)histogram.
• D)Scatterplot.

---

Definitions:

Long Run

In economics, a period during which all factors of production and costs are variable, allowing for full industry adjustment to change.

Lowest Price

The minimum price at which a product or service is offered in the market.

Short Run

A period in economic theory during which at least one input is fixed while others are variable.

Short Run

A period in economics during which the quantities of some inputs, typically capital, cannot be changed, affecting how firms adjust production levels.