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Exhibit 1-3 Part of the Data Bank of a Corporation Is Shown

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Exhibit 1-3
Part of the data bank of a corporation is shown below. Exhibit 1-3 Part of the data bank of a corporation is shown below.   -Refer to Exhibit 1-3. Gender is an example of ________ data. A) nominal B) ordinal C) interval D) ratio
-Refer to Exhibit 1-3. Gender is an example of ________ data.

Recognize how personal preferences and income influence utility and purchase decisions.
Calculate the effects of market changes on demand using elasticity equations.
Interpret the implications of demand functions on market revenue.
Understand the concept of deadweight loss in market transactions.

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