What Type of Index Is Needed When Numbers Are Used

question 10

Multiple Choice

What type of index is needed when numbers are used to identify specific subjects? ​

• A)a numeric index
• B)a master index
• C)a relative index
• D)None of the above

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Definitions:

Farms

Land and the buildings on it used for the cultivation of crops and rearing of animals to produce food, wool, and other products.

Price

The cost needed to buy a product or service, usually set by the interplay of supply and demand.

Quantity

The amount or number of a material or immaterial goods that is measured or counted.

Long Run

In economics, a period of time in which all factors of production and costs are variable, allowing all inputs to be adjusted.