Use the Circle Graph to Solve the Problem $\frac { 49 } { 30 }$

question 33

Multiple Choice

Use the circle graph to solve the problem.
-The pie chart below gives the number of students in the residence halls at the state university.
Write the ratio of the number of residents at Fisher to the number of students at Carver.

• A) \(\frac { 49 } { 30 }\)
• B) \(\frac { 7 } { 30 }\)
• C) \(\frac { 49 } { 31 }\)
• D) \(\frac { 31 } { 49 }\)

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Definitions:

Economic Efficiency

A measure of how well scarce resources are utilized for producing goods and maximising the satisfaction or utility of consumers.

Market Equilibrium

A condition where the supply and demand in the market equilibrate, leading to stable prices.

Economic Efficiency

The optimal allocation of resources to maximize the production of goods and services, achieved when no further gains can be made without disadvantages.

Economic Action

Activities undertaken by individuals, businesses, or governments to produce, distribute, or consume goods and services within an economy.