Figure 10-11 -Refer to Figure 10-11. the Graph Represents a Market in a Market

question 238

Multiple Choice

Figure 10-11
-Refer to Figure 10-11. The graph represents a market in which

• A)there is no externality.
• B)there is a positive externality.
• C)there is a negative externality.
• D)The answer cannot be determined from inspection of the graph.

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Definitions:

Cluster Sampling

A probability sampling method in which existing groups or geographic areas, called clusters, are identified. Clusters are randomly sampled and then everyone in the selected clusters participates in the study.

College Cafeteria

A dining establishment located within a college that provides meals to students, faculty, and sometimes the public.

Probability Sampling

Type of sampling procedure in which one is able to specify the probability that any member of the populationwill be included in the sample.

Specific Population

A specific population refers to a defined group of individuals who share one or more characteristics for the purposes of research or study.