Provide an Appropriate Response

question 133

Multiple Choice

Provide an appropriate response.
-Select the measurement most likely to be subject to random error.
1 - Measuring temperature with a digital thermometer
2 - Measuring temperature with a mercury thermometer
3 - Measuring a distance in yards by pacing
4 - Determining the number of pennies in bags by dividing the weights of the filled bags by the legally defined weight of a penny

• A)Determining the number of pennies in bags by dividing the weights of the filled bags by the legally defined weight of a penny
• B)Measuring temperature with a mercury thermometer
• C)Measuring temperature with a digital thermometer
• D)Measuring a distance in yards by pacing

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Definitions:

Input Prices

The cost of resources used in the production of goods or services, including raw materials, labor, and overheads.

Technological Change

Refers to the improvement or innovation in technology, affecting how goods or services are produced or delivered.

Number Of Suppliers

The total count of entities or individuals providing a specific good or service in a market.

Normal Good

A good for which demand increases as the income of the individual or economy increases, and decreases when the income decreases.