The Range of Probability Is

question 19

Multiple Choice

The range of probability is

• A)any value larger than zero
• B)any value between minus infinity to plus infinity
• C)zero to one
• D)any value between -1 to 1

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Definitions:

New York City

A major city in the United States, known for its significant cultural, financial, and media influence globally.

Demand Curve

An illustrated chart that displays the connection between a product's price and the amount consumers want to buy.

Quota

Trade limitations set by the government which restrict the amount or fiscal value of products that can be brought in or sent out over a certain period.

Demand Price

The maximum amount consumers are prepared to spend on a product or service for a specific quantity.