When Information Collected for One Purpose Is Put to Another

question 4

Short Answer

When information collected for one purpose is put to another purpose, that is called a __________________of the data.

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Definitions:

Output

The total amount of goods and services produced by an economy over a specific period.

Graph

A visual representation of data designed to show the relationship between two or more variables in a clear and concise way.

Perfect Competition

A market structure characterized by a complete absence of rivalry among the producers, with many buyers and sellers, each of whom has a negligible impact on the market.

Identical Service

A service that is exactly the same in every feature and aspect when compared to another service.