Refer to the Diagram

question 299

Multiple Choice

Refer to the diagram. If the budget line shifts from ab to ac, the

• A)price of K has increased.
• B)consumer's money income has fallen.
• C)price of K has decreased.
• D)price of J has increased.

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Definitions:

Bins

In the context of histograms, bins are intervals used to divide the entire range of values into a series of intervals to count the number of values that fall into each interval.

Bimodal

A distribution with two different modes (peaks) where the data shows two prevalent values.

Skewed

A distribution that is not symmetrical, where the bulk of values are concentrated to one side of the mean.

Innings

A division or segment of a game in sports like cricket and baseball, where one team takes turns batting and the other fields.