On a Test, 74% of the Questions Are Answered Correctly

question 72

Multiple Choice

On a test, 74% of the questions are answered correctly. If 111 questions are correct, how many questions are on the test?

• A) 37 questions
• B) 67 questions
• C) 82 questions
• D) 150 questions

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Definitions:

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity more efficiently than another activity.

Opportunity Cost

The value of the next best alternative foregone as a result of making a decision.

Specialize

The process of focusing effort and resources on a narrow area of activity or field of study to gain efficiency or expertise.

Production Possibilities

A graphical representation showing the maximum quantity of goods and services that can be produced using limited resources to the fullest extent.