Table 3-1 -Refer to Table 3-1

question 44

Multiple Choice

Table 3-1
$$\begin{array} { | l | l | l | } \hline & \text { QUANITY } & \text { QUANTITY } \\\hline & \text { DEMANDED } & \text { SUPPLID } \\\hline \text { PRICE } & \text { (units per week) } & \text { (units per week) } \\\hline \text { R100 } & 1000 & 100 \\\hline \text { R150 } & 900 & 300 \\\hline \text { R200 } & 800 & 500 \\\hline \text { R250 } & 600 & 600 \\\hline \text { R300 } & 300 & 650 \\\hline\end{array}$$
-Refer to Table 3-1. Given this data, the equilibrium price and quantity of CD players are

• A) R150 and 300 players.
• B) R200 and 800 players.
• C) R250 and 600 players.
• D) R300 and 650 players.

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Definitions:

Range

The difference between the lowest and highest values in a set of data, indicating dispersion or variability.

Median

The middle value of a data set when it is arranged in ascending or descending order, or the point that divides the distribution into two equal halves.

Standard Deviation

A statistical measure of the dispersion or variation in a set of values, indicating how much the individual values differ from the mean of the set.

Social Competence

The ability to interact effectively with others, involving communication skills, empathy, and relationship-building.