Examlex

Solved

When Discussing a Diagnostic Test,what Does Sensitivity Refer To

question 12

Multiple Choice

When discussing a diagnostic test,what does sensitivity refer to?


Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell at each price level.

Elastic

Describes a situation in which the quantity demanded or supplied of a good or service changes significantly in response to a change in price.

Total Revenues

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Elastic Demand

Elastic demand refers to a situation where the quantity demanded of a product changes significantly in response to changes in its price.

Related Questions