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Which One of the Following Data Are Discrete

question 9

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Which one of the following data are discrete?


Definitions:

Price Effect

The impact on consumer behavior and market demand resulting from a change in the price of a good or service, influencing buying decisions.

Oligopolist

A firm or individual that is part of a market structure in which a few companies control the majority of market sales.

Collude

When two or more firms work together to control a market, set prices, or limit production, often in ways that defy competitive principles or regulations.

Competitive Market

A market with many buyers and sellers trading identical products so that each buyer and seller is a price taker.

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