Given the Following Age Distribution,the Range Is

question 6

Multiple Choice

Given the following age distribution,the range is
12,15,8,17,34,43,2,16,43,3

• A)12, 3
• B)17
• C)2,17
• D)2,43

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Definitions:

Import/Export

The exchange of goods, services, and capital between different countries or territories, enhancing global economic interdependence.

Total Surplus

The sum of consumer and producer surplus, representing the total benefit to society from the production and consumption of goods and services.

Consumer Surplus

The contrast between what consumers can and will pay for a good or service and their actual expenditure on it.

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the amount they actually receive (market price).