Arrange the Fractions in Ascending Order $\frac { 1 } { 3 } , \frac { 13 } { 17 }$

question 47

Multiple Choice

Arrange the fractions in ascending order. Or, if the fractions are equivalent, answer "Equivalent".
- $\frac { 1 } { 3 } , \frac { 13 } { 17 }$

• A) \(\frac { 13 } { 17 } , \frac { 1 } { 3 }\)
• B) Equivalent
• C) \(\frac { 1 } { 3 } , \frac { 13 } { 17 }\)

Understand the concept of conformity and the situations that increase or decrease it.

Learn strategies to avoid or minimize groupthink within teams.

Recognize various biases such as the framing bias, and how they affect decision-making processes.

Understand the benefits of shared knowledge within teams for problem-solving and efficiency.

---

Definitions:

Number of Firms

Refers to the total count of business entities operating in a given market or industry.

Market Characteristics

Features or attributes that define and differentiate specific markets, including structure, competition level, and consumer behaviors.

Duopolists

Two firms that dominate a particular market, often engaging in strategic interaction that impacts pricing, production, and market share.

Collude

When two or more firms work together to control prices, limit supply, or thwart competition in a way that distorts market outcomes.