Any Characteristic of a Population Unit Is A(n)

question 3

Multiple Choice

Any characteristic of a population unit is a(n)

• A) measurement.
• B) sample.
• C) observation.
• D) variable.

---

Definitions:

Market-Equilibrium

A state where the quantity of goods supplied equals the quantity of goods demanded, resulting in a stable price.

Negative Externality

A cost that is suffered by a third party due to an economic transaction that they were not involved in.

Well-Being

The state of being comfortable, healthy, or happy, reflecting the overall quality of a person's life.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.