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Find the range for the given data set.
-A class of sixth grade students kept accurate records on the amount of time they spent playing video games during a one-week period. The times (in hours) are listed below.
Goods and Services
Physical items (goods) and intangible benefits (services) that fulfill human wants or needs.
Factors of Production
Resources used in the production of goods and services, traditionally categorized as land, labor, capital, and entrepreneurship.
Circular-Flow Diagram
An illustrative depiction of the economy, highlighting the movement of currency among firms and households within different markets.
Goods and Services
Products and activities that fulfill the needs or desires of consumers, with goods being tangible objects and services being intangible activities.
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