Use the Following to Answer Questions

question 45

Short Answer

Use the following to answer questions :
The following table gives the frequency distribution of the number of rooms for a sample of 100 houses.

-The percentage of houses that have three or fewer rooms is:

Distinguish between different types of shifts and movements along the PPF.

Apply the concept of opportunity cost to decision-making in resource allocation.

Recognize the significance of economic growth and factors that contribute to shifting the PPF outward.

Evaluate the effects of technological advancements on production capabilities.

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Definitions:

Simplify

To make something less complex or easier to understand by reducing or eliminating unnecessary parts.

Simplify

To simplify means to make something easier to understand or do, often by reducing it to its most basic form.

Simplify

To reduce something to its basic or essential form, often by removing complexity.

Algebraic Expression

An expression consisting of constants, variables, coefficients, and operating symbols (like +, -, *, /) that represents a mathematical relationship or a rule.