Use the Circle Graph to Solve the Problem

question 62

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. Which residence hall has the third highest number of students?

• A)Dodge
• B)Adams
• C)Carver
• D)Fisher

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Definitions:

Downward-Sloping Demand

A representation of the relationship between the price of a good and the quantity demanded, illustrating that as price decreases, demand typically increases.

Number Of Firms

The total count of business entities operating within a specific market or industry.

Price Taker

A market participant that accepts prevailing prices as given, having no influence to alter the price of a good or service.

Marginal Revenue

The additional income from selling one more unit of a good; generally equal to the price of the good for perfectly competitive firms.