Which of the Following Statements Is Not Correct

question 76

Multiple Choice

Which of the following statements is not correct?

• A)A seller would be eager to sell her product at a price higher than her cost.
• B)A seller would refuse to sell her product at a price lower than her cost.
• C)A seller would be indifferent about selling her product at a price equal to her cost.
• D)Since sellers cannot set the price for their product,they must be willing to sell their product at any price.

---

Definitions:

Held Constant

This term refers to keeping a variable unchanged throughout an experiment or analysis to isolate the effects of other variables.

Average Change

The mean amount by which a set of values increase or decrease.

Total Variation

Total variation quantifies the extent to which a function varies across its domain, often used in mathematical analysis and signal processing.

Dependent Variable

In an experiment, this is the variable anticipated to vary as a result of alterations made to the independent variable.