Pie Charts Represent the Percent or Proportion of Each Observed

question 65

Multiple Choice

Pie charts represent the percent or proportion of each observed category through the:

• A) size of each slice of the pie.
• B) color of each slice of the pie.
• C) number of slices into which the pie is divided.
• D) orientation of the pie on the page.

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Definitions:

Tight Supply Conditions

A market situation where the supply of a good is limited, often leading to higher prices.

Nonrivalrous Consumption

A consumption characteristic where one individual's use of a good does not reduce availability to others.

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Simultaneous Consumption

A characteristic of services that indicates they are consumed at the same time as they are produced.