Which of the Following Is an Advantage of a Free-

question 72

Multiple Choice

Which of the following is an advantage of a free- market economy?

• A) The economy can respond quickly to changes in demand.
• B) The distribution of income may be very unequal.
• C) There may be little competition between firms.
• D) A small number of large firms may control some industries.

Understand the creation and interpretation of stemplots, including cases where stems may be split or leaves may be trimmed.

Comprehend how to measure and compare quantitative data effectively.

Grasp the methods to display and analyze the distribution of categorical variables.

Distinguish the units of measurement as a key characteristic of quantitative and categorical variables.

---

Definitions:

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and inappropriate actions and feelings.

Biological Treatment

Medical treatments for mental disorders that affect the brain's chemical environment, including medication and electroconvulsive therapy.

Therapeutic Technique

Methods or strategies used in therapy to treat physical, psychological, or social dysfunction.

Prognosis

An assessment or prediction about the likely outcome or course of a disease or condition.