Construct a Dotplot for the Given Data $$5639255632$$ A)


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question 114

Multiple Choice

Construct a dotplot for the given data.
-A store manager counts the number of customers who make a purchase in his store each day. The data are as follows.
$$5639255632$$

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Definitions:

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses.

Supply and Demand

The economic model that determines the price of an item in a market, based on the quantity of the good that producers wish to sell at various prices and the quantity that consumers wish to buy.

Perfectly Competitive Market

A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information where no single buyer or seller can influence the market price.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and a homogeneous product, ensuring no single entity can dictate the market price.