Use the Circle Graph to Solve the Problem

question 44

Multiple Choice

Use the circle graph to solve the problem.
-In a school survey, students showed these preferences for instructional materials. About how many students would you expect to prefer written materials in a school of 450 students?

• A)About 81 students
• B)About 9 students
• C)About 162 students
• D)About 41 students

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Definitions:

Monopolist

An individual or entity that is the sole provider of a particular good or service in the market, enabling them to control prices.

Substitutes

Goods or services that can be used in place of each other, where the increase in price of one leads to an increase in demand for the other.

Imperfectly Competitive

Describes markets where individual sellers have some control over the price of their goods or services, as opposed to perfect competition where none exists.

Price Makers

Firms or entities that have the ability to influence the price of goods or services in the market due to their size, uniqueness of product, or market power.