Solve the Problem A)265, 305
B)25

question 53

Multiple Choice

Solve the problem.
-Using the employment information in the table on Alpha Corporation, find the class boundaries for class 26-30. $$\begin{array}{l}\text { Years employed at Alpha Corporation }\\\begin{array} { c | c } \begin{array} { c } \text { Class Limits } \\\text { (years of service) }\end{array} & \begin{array} { c } \text { Frequency } \\\text { (No. of employees) }\end{array} \\\hline 1 - 5 & 5 \\6 - 10 & 20 \\11 - 15 & 25 \\16 - 20 & 10 \\21 - 25 & 5 \\26 - 30 & 3\end{array}\end{array}$$

• A)26.5, 30.5
• B)25.5, 30.5
• C)25.5, 20.5
• D)26.5, 29.5

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Definitions:

Basic Services

Essential services required to meet basic human needs, including water, sanitation, electricity, healthcare, and education.

Few Competitors

A market situation characterized by a limited number of businesses or entities providing similar products or services, often leading to less competition.

Huge Investment

The allocation of a significant amount of capital or resources into a project, asset, or venture expecting future gain.

Oligopoly

A market structure characterized by a small number of firms controlling a large majority of the market share, often leading to limited competition.