Use the Figure to Answer the Question

question 32

Multiple Choice

Use the figure to answer the question.
-This double-bar graph shows the number of male (M) and female (F) athletes at a university over a four-year period. Which year had the same number of male and female athletes?

• A)2010
• B)2012
• C)2011
• D)2009

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Definitions:

Product Differentiation

The process by which companies distinguish their products or services from others in the market to attract a specific target audience.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, free entry and exit, and perfect information, leading to efficient outcomes.

Peak Efficiency

The state of operating at maximum productivity with minimal waste and expense.

American Business Firms

Companies operating in the United States, engaged in commercial, industrial, or professional activities.