Provide an Appropriate Response

question 111

Multiple Choice

Provide an appropriate response.
-Totals are determined by rounding to tenths. Identify the potential error as random or systematic.

• A)Systematic
• B)Random

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Definitions:

Economic Efficiency

A situation where resources are allocated in a way that maximizes the production of goods and services at the lowest cost to society.

Pollution

The introduction of contaminants into the natural environment, causing adverse change.

Automobiles

Motor vehicles with four wheels designed to transport passengers on roads.

Public Good

Services or products that are non-excludable and non-rivalrous, benefiting all members of a society and not diminished by individual use.